BILL · 1993–94 SESSION

HB 1142: Check sellers bond

Requiring a bond for a license to sell checks, drafts, or money orders.

Summary

  • The Check Cashers and Sellers Act is amended to clarify the bonding requirements for check sellers. Before a check seller may obtain a license, the seller must post a bond conditioned on the licensee's paying all persons who purchase checks, drafts, or money orders from the licensee which are dishonored due to insufficient funds or the closure of the licensee's bank account.

From the Senate Bill Report (HB 1142), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 176, Laws of 1993
  1. IntroducedJan 18, 1993
  2. Out of committee
  3. Passed HouseMar 1, 1993
  4. Passed SenateApr 13, 1993
  5. Governor
  6. LawApr 30, 1993
Prime sponsor
Paul Zellinsky (D-23)
Introduced
January 18, 1993 in the House
Last action
April 30, 1993
Session law
Chapter 176, Laws of 1993
Requested by
State agency
Budget
Has a fiscal note

Sponsors

Prime sponsor: Paul Zellinsky (D-23)

3 co-sponsors (1 Democrat, 2 Republicans)

Votes

House · Final Passage

March 1, 1993
Version voted on: HB 1142
91 Yea 0 Nay 1 Absent 6 Excused
PartyYeaNayAbsentExcused
Democrat60003
Republican31013
How each member voted

Yea (91)

Absent (1)

Senate · Final Passage

April 13, 1993
Version voted on: HB 1142
45 Yea 0 Nay 1 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat26002
Republican19011
How each member voted

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

HB 1142 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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