BILL · 2001–02 SESSION

SB 6338: Consumer loan act

Modifying the consumer loan act.

Summary

  • $ Requires that financial disclosures on a loan not secured by a real property lien be made in compliance with pertinent federal laws and regulations.
  • $ Requires that financial disclosures on a loan secured by a real property lien be made within three business days of the borrower's receipt of the loan application and that the annual percentage rate be calculated in compliance with federal law.

From the House Bill Analysis (SB 6338), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 346, Laws of 2002
  1. IntroducedJan 16, 2002
  2. Out of committeeFeb 4, 2002
  3. Passed SenateFeb 19, 2002
  4. Passed HouseMar 6, 2002
  5. GovernorApr 3, 2002
  6. LawApr 3, 2002
Prime sponsor
Karen Keiser (D-33)
Introduced
January 16, 2002 in the Senate
Last action
April 3, 2002
Session law
Chapter 346, Laws of 2002

AN ACT Relating to the consumer loan act;

Sponsors

Prime sponsor: Karen Keiser (D-33)

3 co-sponsors (2 Democrats, 1 Republican)

Votes

Senate · 3rd Reading & Final Passage

Passed February 19, 2002
Version voted on: SB 6338
47 Yea 0 Nay 1 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat24010
Republican23001
How each member voted

House · Final Passage

Passed March 6, 2002
Version voted on: SB 6338
93 Yea 0 Nay 0 Absent 5 Excused
PartyYeaNayAbsentExcused
Democrat48002
Republican45003
How each member voted

Yea (93)

History

  1. Effective date 6/13/2002.
  2. Chapter 346, 2002 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. Speaker signed.
  6. President signed.
  7. Third reading, passed; yeas, 93; nays, 0; 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, 47; nays, 0; absent, 1; excused, 1.
  15. Rules suspended. Placed on Third Reading.
  16. Placed on second reading by Rules Committee.
  17. Passed to Rules Committee for second reading.
  18. LCF - Majority; do pass.
  19. First reading, referred to Labor, Commerce & Financial Institutions.

SB 6338 in other sessions

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

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