BILL · 2001–02 SESSION

SB 5331: Business to business debts

Modifying collection of business to business debts by collection agencies.

Summary

  • $ In the collection of commercial debts between businesses, a collection agency may obtain collection costs and fees for up to 35 percent of the original claim.

From the House Bill Analysis (SB 5331), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 47, Laws of 2001
  1. IntroducedJan 19, 2001
  2. Out of committeeMar 5, 2001
  3. Passed SenateMar 12, 2001
  4. Passed HouseApr 4, 2001
  5. GovernorApr 17, 2001
  6. LawApr 17, 2001
Prime sponsor
Adam Kline (D-37)
Introduced
January 19, 2001 in the Senate
Last action
April 17, 2001
Session law
Chapter 47, Laws of 2001
Companion bill
HB 1126

AN ACT Relating to collection of business to business debts;

Sponsors

Prime sponsor: Adam Kline (D-37)

3 co-sponsors (0 Democrats, 3 Republicans)

Votes

Senate · 3rd Reading & Final Passage

Passed March 12, 2001
Version voted on: SB 5331
44 Yea 0 Nay 0 Absent 5 Excused
PartyYeaNayAbsentExcused
Democrat22003
Republican22002
How each member voted

House · Final Passage

Passed April 4, 2001
Version voted on: SB 5331
91 Yea 2 Nay 0 Absent 5 Excused
PartyYeaNayAbsentExcused
Democrat44104
Republican47101
How each member voted

Yea (91)

Nay (2)

History

  1. Chapter 47, 2001 Laws.
  2. Governor signed.
  3. Effective date 7/22/2001.
  4. Delivered to Governor.
  5. Speaker signed.
  6. President signed.
  7. Third reading, passed; yeas, 91; nays, 2; absent, 0; excused, 5.
  8. Rules suspended. Placed on Third Reading.
  9. Placed on second reading by Rules Committee.
  10. Passed to Rules Committee for second reading.
  11. FII - Majority; do pass.
  12. FII - Executive action taken by committee.
  13. First reading, referred to Financial Institutions & Insurance.
  14. Third reading, passed; yeas, 44; nays, 0; absent, 0; excused, 5.
  15. Rules suspended. Placed on Third Reading.
  16. Placed on second reading by Rules Committee.
  17. Made eligible to be placed on second reading.
  18. Passed to Rules Committee for second reading.
  19. JUD - Majority; do pass.
  20. First reading, referred to Judiciary.

SB 5331 in other sessions

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

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