AN ACT EXEMPTING SALES FINANCE COMPANIES FROM RECORD RETENTION REQUIREMENTS FOR RETAIL INSTALLMENT CONTRACT...
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SB 616 — AN ACT EXEMPTING SALES FINANCE COMPANIES FROM RECORD RETENTION REQUIREMENTS FOR RETAIL INSTALLMENT CONTRACTS AND APPLICATIONS COVERING THE RETAIL SALE OF AGRICULTURAL VEHICLES.
Last action — HOUSE CALENDAR NUMBER 468
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill died with 2017 Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Bill Text
What changed in the latest version
3 added · 7 removedPlain-language change summary
The amendment removes the requirement to retain records for installment contracts and applications related to the retail sale of agricultural vehicles. This change means that individuals and businesses involved in these transactions will no longer have to keep these records, potentially reducing administrative burdens related to documentation.
3565 *03565SB00616BA_**_____SB00616BA____030817____* Referred to Committee on BANKING Introduced by:
2 October 1, 2017 36a-547 StatementBA ofJoint Purpose:Favorable
To remove the record retention requirement for installment contracts and applications covering the retail sale of agricultural vehicles.
[Proposed deletions are enclosed in brackets.
Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.] Co-Sponsors:
SEN.
OSTEN, 19th Dist.;
REP.
ZIOBRON, 34th Dist.
S.B.
616
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Action History
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HOUSE CALENDAR NUMBER 468
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FAV. RPT., TABLED FOR HOUSE CALENDER
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ON CONSENT CALENDAR
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SENATE PASSED
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FILE NO. 146
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SENATE CALENDAR NUMBER 100
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FAV. RPT., TAB. FOR CAL., SEN.
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RPTD. OUT OF LCO
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REFERRED TO Office of Legislative Research AND Office of Fiscal Analysis 03/21/17
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FILED WITH LCO
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Joint Favorable
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PUBLIC HEARING 0302
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REF. TO JOINT COMM. ON Banking
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DRAFTED BY COMMITTEE
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Vote to Draft
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REF. TO JOINT COMM. ON Banking
Sponsors
- Heather B.' b'Somers · Primary
- Catherine A.' b'Osten · Primary
- Melissa H.' b'Ziobron · Primary
Sponsorship breakdown
Export CSV (upgrade) →3 sponsors · 0 co-sponsors · 184 not signed on
Sponsors (3)
- b'Somers, Heather B.'
- b'Osten, Catherine A.'
- b'Ziobron, Melissa H.'
Co-sponsors (0)
None.
Not signed on (184)
184 members have not signed on to this bill.
Show all 184 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 8 | 0 | 0 | 0 |
| Unaffiliated | 21 | 0 | 0 | 2 |
| Republican | 5 | 0 | 0 | 0 |
| Total | 34 | 0 | 0 | 2 |
| % of votes cast | 94% | 0% | 0% | 6% |
How each member voted (36)
| Member | Party | Vote |
|---|---|---|
| PAUL M. FORMICA | — | Yea |
| TIM LARSON | — | Yea |
| KEVIN KELLY | — | Yea |
| STEVE CASSANO | — | Not Voting |
| MARILYN MOORE | — | Yea |
| BETH BYE | — | Yea |
| EDWIN A. GOMES | — | Yea |
| TERRY B. GERRATANA | — | Yea |
| MICHAEL A. MCLACHLAN | — | Yea |
| KEVIN D. WITKOS | — | Yea |
| TONI BOUCHER | — | Yea |
| PAUL DOYLE | — | Yea |
| CARLO LEONE | — | Yea |
| CRAIG MINER | — | Yea |
| LEN SUZIO | — | Yea |
| GAYLE SLOSSBERG | — | Yea |
| ART LINARES | — | Yea |
| JOE MARKLEY | — | Yea |
| LEONARD FASANO | — | Yea |
| GEORGE LOGAN | — | Yea |
| ANTHONY GUGLIELMO | — | Yea |
| HEATHER BOND | — | Yea |
| L. SCOTT FRANTZ | — | Not Voting |
| Bob Duff | Democratic | Yea |
| Catherine A. Osten | Democratic | Yea |
| Douglas McCrory | Democratic | Yea |
| Gary A. Winfield | Democratic | Yea |
| Joan V. Hartley | Democratic | Yea |
| John W. Fonfara | Democratic | Yea |
| Mae Flexer | Democratic | Yea |
| Martin M. Looney | Democratic | Yea |
| Eric C. Berthel | Republican | Yea |
| Henri Martin | Republican | Yea |
| John A. Kissel | Republican | Yea |
| Kathy Kennedy | Republican | Yea |
| Tony Hwang | Republican | Yea |
Subjects
Frequently asked questions
- Who sponsors SB 616?
- SB 616 is sponsored by b'Somers, Heather B.', b'Osten, Catherine A.', and b'Ziobron, Melissa H.'.
- What is the current status of SB 616?
- This bill died with 2017 Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track SB 616?
- Track SB 616 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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