Credit Services Businesses Act; prohibited practices. (HB872)

Introduced By

Del. Ben Cline (R-Amherst)

Progress

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

Description

Virginia Credit Services Businesses Act.  Repeals the provision that bars a credit services business from receiving any payment from a consumer in advance of complete and full performance of the services that the business agreed to perform for or on behalf of the consumer. A credit service business generally undertakes to improve a consumer's credit record, history, or report or obtain an extension of credit for a consumer. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/13/2010Committee
01/13/2010Prefiled and ordered printed; offered 01/13/10 10102745D
01/13/2010Referred to Committee on Commerce and Labor
01/29/2010Impact statement from DPB (HB872)
02/02/2010Continued to 2011 in Commerce and Labor (0-Y 0-N) (see vote tally)
02/09/2010Reported from Commerce and Labor with substitute (22-Y 0-N) (see vote tally)
02/09/2010Committee substitute printed 10104934D-H1
02/11/2010Read first time
02/12/2010Read second time
02/12/2010Committee substitute agreed to 10104934D-H1
02/12/2010Engrossed by House - committee substitute HB872H1
02/15/2010Read third time and passed House BLOCK VOTE (99-Y 0-N)
02/15/2010VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
02/16/2010Constitutional reading dispensed
02/16/2010Referred to Committee on Commerce and Labor
03/08/2010Impact statement from DPB (HB872H1)
03/08/2010Reported from Commerce and Labor with substitute (15-Y 0-N) (see vote tally)
03/08/2010Committee substitute printed 10105901D-S1
03/09/2010Constitutional reading dispensed (39-Y 0-N) (see vote tally)
03/10/2010Read third time
03/10/2010Reading of substitute waived
03/10/2010Committee substitute agreed to 10105901D-S1
03/10/2010Engrossed by Senate - committee substitute HB872S1
03/10/2010Passed Senate with substitute (40-Y 0-N) (see vote tally)
03/10/2010Placed on Calendar
03/11/2010Senate substitute agreed to by House 10105901D-S1 (96-Y 0-N)
03/11/2010VOTE: --- ADOPTION (96-Y 0-N) (see vote tally)
03/22/2010Enrolled
03/22/2010Bill text as passed House and Senate (HB872ER)
03/22/2010Impact statement from DPB (HB872ER)
03/22/2010Signed by Speaker
03/25/2010Signed by President
04/11/2010G Approved by Governor-Chapter 421 (effective 7/1/10)
04/11/2010G Acts of Assembly Chapter text (CHAP0421)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 2 clips in all, totaling 1 minute.