Regulate Student Education Loan Servicers
Summary
The bill requires an entity that services a student education loan to be licensed by the administrator of the 'Uniform Consumer Credit Code'. 'Servicing' means receiving a scheduled periodic payment from a student loan borrower, applying the payments of principal and interest with respect to the amounts received from a student loan borrower, and similar administrative services. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More
Bill status
passed
3 of 5 stages cleared
Introduction
Apr 2018
Committee Review
May 2018
House Passage
Apr 2018
Senate Passage
Governor
Introduced Apr 20, 2018
Last action May 3, 2018
Floor votes · House Apr 27, 2018
How they voted
28–24
Passed · 1 other
Total votes 53
Apr 27, 2018
D
Democratic29
96% Yea
R
Republican24
100% Nay
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
7
Key actions
2
Committee
2
May 3, 2018
Upper · Passed
Senate Committee on State, Veterans, & Military Affairs Postpone Indefinitely
upper
Apr 27, 2018
House · Passed
House Vote: pass (28-24-1)
house
Apr 27, 2018
Introduced
Introduced In Senate - Assigned to State, Veterans, & Military Affairs
upper
Apr 26, 2018
Committee
House Committee on Business Affairs and Labor Refer Unamended to House Committee of the Whole
lower
Apr 20, 2018
Introduced
Introduced In House - Assigned to Business Affairs and Labor
lower
2 primary · 0 co-sponsors
Sponsors
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