BILL · 2025–26 SESSION
HB 1599: Consumer debt adjusters
Concerning consumer debt adjusters and debt resolution services providers.
Summary
- Requires debt adjusters and debt resolution services providers to be licensed and regulated by the Department of Financial Institutions beginning July 1, 2026.
- Establishes regulations, obligations, fee structure, and prohibited acts for debt resolution services providers.
- Establishes recordkeeping requirements, prohibited advertising practices, and annual reporting requirements for both debt adjusters and debt resolution services providers.
From the House Bill Analysis 2025 (HB 1599), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 24, 2025
- Out of committeestopped here
- Passed House
- Passed Senate
- Governor
- Law
- Prime sponsor
- Kristine Reeves (D-30)
- Introduced
- January 24, 2025 in the House
- Last action
- January 12, 2026
- Budget
- Has a fiscal note
AN ACT Relating to consumer debt adjusters and debt resolution services providers;
Sponsors
Prime sponsor: Kristine Reeves (D-30)
2 co-sponsors (1 Democrat, 1 Republican)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- First reading, referred to Consumer Protection & Business.
HB 1599 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 1599 (2023–24) Firearm background checks
- HB 1599 (2021–22) Long-term care/new graduates
- HB 1599 (2019–20) High school graduation reqs.
- HB 1599 (2017–18) Spirits & wine sale to empl.
- HB 1599 (2015–16) Criminally insane/facilities
- HB 1599 (2013–14) Marine aquaculture
- HB 1599 (2011–12) Actual student success prog
- HB 1599 (2009–10) Earlier retirement benefits