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2017 Regular Session
Overview
At the request of: (at the request of House Interim Committee on Business and Labor)
Chief Sponsors:
Regular Sponsors:
Bill Title: Relating to debt collection practices; declaring an emergency.
Catchline/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.
Chapter Number:
Fiscal Impact: May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact: May Have Revenue Impact, But No Statement Yet Issued
Measure Analysis: Staff Measure Summary / Impact Statements
Current Location: In House Committee
Current Committee: House Committee On Business and Labor
Current Subcommittee:
Subsequent Referral(s):
Potential Conflicts of Interest/Vote Explanations: Potential Conflicts of Interest/Vote Explanation Documents
Measure History
Scheduled Events