Credit unions; charges on loans. (SB529)

Introduced By

Sen. Steve Newman (R-Forest)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Credit unions; charges on loans. Authorizes credit unions to impose finance charges and other charges and fees on open-end credit plans at such rates and in such amounts and manner as the credit union and the borrower may agree when payment is not timely received. Read the Bill »

Status

04/05/2006: signed by governor

History

DateAction
01/11/2006Prefiled and ordered printed; offered 01/11/06 062669776
01/11/2006Referred to Committee on Commerce and Labor
01/17/2006Fiscal impact statement from SCC (SB529)
01/23/2006Reported from Commerce and Labor (15-Y 0-N)
01/25/2006Constitutional reading dispensed (39-Y 0-N)
01/25/2006VOTE: (39-Y 0-N)
01/26/2006Read second time and engrossed
01/27/2006Read third time and passed Senate (38-Y 0-N)
01/27/2006VOTE: (38-Y 0-N)
01/27/2006Communicated to House
02/13/2006Placed on Calendar
02/13/2006Read first time
02/13/2006Referred to Committee on Commerce and Labor
02/16/2006Reported from Commerce and Labor (21-Y 0-N)
02/20/2006Read second time
02/21/2006Read third time
02/21/2006Passed House BLOCK VOTE (98-Y 0-N)
02/21/2006VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
02/27/2006Bill text as passed Senate and House (SB529ER)
02/27/2006Enrolled
02/28/2006Signed by Speaker
03/01/2006Signed by President
03/02/2006Fiscal impact statement from SCC (SB529ER)
04/05/2006G Approved by Governor-Chapter 753 (effective 7/1/06)
04/17/2006G Acts of Assembly Chapter text (CHAP0753)