BILL · 2013–14 SESSION

SB 5527: Debt adjusting services

Concerning debt adjusting services.

Summary

Only nonprofit social service agencies or nonprofit consumer credit counseling agencies licensed by the Department may provide debt-adjusting services. An application to be licensed as a debt adjuster must include specified information, including proof that the applicant is organized as an eligible nonprofit, as well as any other relevant information required by the Department and a licensing fee.

From the Senate Bill Report (Orig.) (SB 5527), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to debt adjusting services;

No recorded floor votes. This measure never reached a floor vote.

Jan 13, 2014By resolution, reintroduced and retained in present status.
May 13, 2013By resolution, reintroduced and retained in present status.
Feb 1, 2013First reading, referred to Financial Institutions, Housing & Insurance.

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

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