Relating to debt collection practices; declaring an emergency.
Summary
Requires debt buyer to register with Department of Consumer and Business Services to engage in business as debt buyer in this state. Requires debt buyer to give notice to debtor if debt buyer brings legal action to collect debt and to submit certain filings to court. Specifies content of notice and filings. Requires debt buyer to establish and maintain certain practices to ensure that debt buyer complies with applicable law. Requires debt buyer to maintain errors and omissions insurance policy. Becomes operative January 1, 2018. Declares emergency, effective on passage.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2017
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2017
Last action Jul 7, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
2
Jul 7, 2017
Legislature · Reported by committee
In committee upon adjournment.
Jan 18, 2017
Legislature · Referred to committee
Referred to Business and Labor.
Jan 9, 2017
Legislature · Introduced
First reading. Referred to Speaker's desk.
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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