BAKER
Primary
Transitions from lump sum deferred deposit transactions to installment-based small dollar loan transactions. Specifies various consumer protection requirements for small dollar loans. Beginning 1/1/2019, requires licensure for small dollar lenders that offer small dollar loans to consumers. Specifies licensing requirements for small dollar lenders. (SD2)
Pass First Reading
Referred to IAC, CPC, FIN, referral sheet 35
Received from Senate (Sen. Com. No. 388) in amended form (SD 2).
Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
Reported from WAM (Stand. Com. Rep. No. 2778) with recommendation of passage on Third Reading, as amended (SD 2).
48 Hrs. Notice 03-06-18.
The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 9 Aye(s): Senator(s) Dela Cruz, Keith-Agaran, English, Harimoto, Inouye, K. Kahele, Kidani, Riviere, Wakai; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Galuteria, Shimabukuro.
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Reported from CPH (Stand. Com. Rep. No. 2465) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
The committee(s) on WAM will hold a public decision making on 02-21-18 10:08AM in conference room 211.
The committee(s) on CPH recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPH were as follows: 5 Aye(s): Senator(s) Baker, Tokuda, S. Chang, Ihara, Ruderman; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Espero, Nishihara.
The committee(s) on CPH deferred the measure until 02-13-18 10:00AM in conference room 229.
The committee(s) on CPH deferred the measure until 02-12-18 10:00AM in conference room 229.
The committee(s) on CPH has scheduled a public hearing on 02-07-18 10:00AM in conference room 229.
Re-Referred to CPH, WAM.
Referred to CPH/JDC, WAM.
Introduced.
Passed First Reading.
| Bill Text Versions | Format |
|---|---|
| SB3008 | HTML PDF |
| SB3008_SD1 | HTML PDF |
| Document | Format |
|---|---|
| No related documents. |
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