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
  1. IntroducedJan 24, 2025
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. 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

  1. By resolution, reintroduced and retained in present status.
  2. 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.

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