SB 722 Oregon Senate · 2017 Regular Session

Relating to fees; and prescribing an effective date.

Summary
Provides that debt management service provider may charge fee of not more than $50 per month during term of agreement between consumer and debt management service provider under which debt management service provider improves or preserves, or offers to improve or preserve, consumer's credit record, credit history or credit rating but does not conduct budget analysis for consumer, act as broker for another debt management service provider or otherwise engage in other activity that constitutes debt management service. Provides that initial fee that debt management service provider charges consumer is fee for first month of service. Permits consumer to void contract and requires debt management service provider to return sums consumer paid if debt management service provider charges more than fees allowed. Provides that consumer may not waive consumer's rights under Act. Permits director to adjust fees to reflect changes in Consumer Price Index. Becomes operative January 1, 2018. Takes effect on 91st day following adjournment sine die.
Bill status signed all 4 stages cleared
Introduction
Feb 2017
Committee Review
May 2017
Senate Passage
Jun 2017
Signed into Law
Jun 2017
Introduced Feb 7, 2017 Signed Jun 22, 2017
Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
23
Key actions
8
Committee
4
Jun 22, 2017
Signed into law
Governor signed.
legislature
Jun 15, 2017
Legislature · Passed
Speaker signed.
legislature
Jun 13, 2017
Legislature · Passed
President signed.
legislature
Jun 12, 2017
Legislature · Passed
Senate concurred in House amendments and repassed bill.
legislature
Jun 6, 2017
Legislature · Passed
Third reading. Carried by Kennemer. Passed.
legislature
May 26, 2017
Legislature · Passed
Recommendation: Do pass with amendments and be printed B-Engrossed.
legislature
Apr 20, 2017
Committee
Referred to Business and Labor.
legislature
Apr 19, 2017
Introduced
First reading. Referred to Speaker's desk.
legislature
Apr 18, 2017
Legislature · Passed
Third reading. Carried by Beyer, Prozanski. Passed.
legislature
Apr 14, 2017
Legislature · Passed
Recommendation: Do pass with amendments. (Printed A-Eng.)
legislature
Feb 9, 2017
Committee
Referred to Judiciary.
legislature
Feb 7, 2017
Introduced
Introduction and first reading. Referred to President's desk.
legislature
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.