BILL · 2013–14 SESSION
HB 2384: Debt adjusting services
Concerning debt adjusting services.
Summary
- Imposes limitations on who may act as a debt adjuster and who a debt adjuster may enroll in a debt adjustment contract.
- Requires screening of debtors before enrollment.
- Creates a "not-worse-off" remedy for debtors who did receive a tangible net benefit from a debt adjustment contract.
- Limits fees that debt adjusters may charge to 15 percent of total savings to the debtor.
- Requires annual reporting by debt adjusters.
From the House Bill Analysis 2014 (HB 2384), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 16, 2014
- Out of committeestopped here
- Passed House
- Passed Senate
- Governor
- Law
- Prime sponsor
- Zack Hudgins (D-11)
- Introduced
- January 16, 2014 in the House
- Last action
- January 16, 2014
- Budget
- Has a fiscal note
AN ACT Relating to regulating debt adjusting services;
Sponsors
Prime sponsor: Zack Hudgins (D-11)
4 co-sponsors (4 Democrats, 0 Republicans)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- First reading, referred to Business & Financial Services (Not Officially read and referred until adoption of Introduction report).
HB 2384 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 2384 (2025–26) Continuing care retirement
- HB 2384 (2023–24) Traffic safety cameras
- HB 2384 (2019–20) Nonprofit housing/prop. tax
- HB 2384 (2017–18) Credit security freeze fees
- HB 2384 (2015–16) Mobile telecom. providers
- HB 2384 (2011–12) Personal vehicle sharing
- HB 2384 (2009–10) Edu staff associate bonuses
- HB 2384 (2007–08) Small loan limitations