Florida 2020 Regular Session Status: In Committee 1 D cosponsors

SB 894 — Business Services

Last action — Died in Appropriations

Track this bill free

No card. One bill, free forever — alerts when it moves.

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2020 Regular Session. It reached “In Committee” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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.

Summary

Business Services; Creating the Access to Responsible Credit Pilot Program within the Office of Financial Regulation; requiring a program license from the office to advertise, offer, or make program loans or to impose certain charges or fees; specifying requirements for program licensees, program loans, loan repayments, rescissions, interest rates, program loan refinancing, receipts, disclosures and statements provided by program licensees to borrowers, origination fees, insufficient funds fees, and delinquency charges, etc. APPROPRIATION: $407,520

Bill Text

What changed in the latest version

759 added · 759 removed

759 line(s) added, 759 removed.

→
Previous
Latest
Florida Senate - 2020 SB 894 By Senator Rouson 19-01009-20 2020894__ A bill to be entitled An act relating to business services;
Florida Senate - 2020 CS for SB 894 By the Committee on Banking and Insurance;
and Senators Rouson and Gruters 597-02278-20 2020894c1 A bill to be entitled An act relating to business services;
2. A national bank as defined in s.
2. A credit union as defined in s.
658.12.
3. A credit union as defined in s.
4. An agent as defined in s.
3. An agent as defined in s.
5. An insurance agency as defined in s.
4. An insurance agency as defined in s.
6. A tax preparation service.
5. A tax preparation service.
7. A money services business as defined in s.
6. A money services business as defined in s.
8. An authorized vendor as defined in s.
7. An authorized vendor as defined in s.
9. A law office.
8. A law office.
10. An investment adviser as defined in s.
9. An investment adviser as defined in s.
11. A financial services provider.
10. A financial services provider.
12. A public accounting firm as defined in s.
11. A public accounting firm as defined in s.
436 The program licensee, or any wholly owned subsidiary of the program licensee, may not sell or assign an unpaid debt to an independent third party for collection purposes unless the debt has been delinquent for at least 30 days.
435 The program licensee, or any wholly owned subsidiary of the program licensee, may not sell or assign an unpaid debt to an independent third party for collection purposes unless the debt has been delinquent for at least 30 days.
639 Your loan application has been referred to us by ...(name of access partner)....
638 Your loan application has been referred to us by ...(name of access partner)....
656 (b) If the loan applicant has questions about the program loan which the access partner is not permitted to answer, the access partner must make a good faith effort to assist the applicant in making direct contact with the program licensee before the program loan is consummated.
655 (b) If the loan applicant has questions about the program loan which the access partner is not permitted to answer, the access partner must make a good faith effort to assist the applicant in making direct contact with the program licensee before the program loan is consummated.
722 As used in this paragraph, the term “affiliated party” means a director, officer, control person, employee, or foreign affiliate of an access partner;
721 As used in this paragraph, the term “affiliated party” means a director, officer, control person, employee, or foreign affiliate of an access partner;
⬇ Download PDF
View plain text versions (2)

Action History

  1. Died in Appropriations

  2. Indefinitely postponed and withdrawn from consideration

  3. CS by Banking and Insurance read 1st time

  4. Now in Appropriations

  5. Pending reference review under Rule 4.7(2) - (Committee Substitute)

  6. CS by Banking and Insurance; YEAS 5 NAYS 2

  7. Introduced

  8. On Committee agenda-- Banking and Insurance, 01/15/20, 10:30 am, 412 Knott Building

  9. Referred to Banking and Insurance; Appropriations; Rules

  10. Filed

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 0 co-sponsors · 163 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (163)

163 members have not signed on to this bill.

Show all 163 →

"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.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 894 do?
Business Services; Creating the Access to Responsible Credit Pilot Program within the Office of Financial Regulation; requiring a program license from the office to advertise, offer, or make program loans or to impose certain charges or fees; specifying requirements for program licensees, program loans, loan repayments, rescissions, interest rates, program loan refinancing, receipts, disclosures and statements provided by program licensees to borrowers, origination fees, insufficient funds fees, and delinquency charges, etc. APPROPRIATION: $407,520
Who sponsors SB 894?
SB 894 is sponsored by Rouson, Darryl Ervin (Democrat).
What is the current status of SB 894?
This bill died with 2020 Regular Session. It reached “In Committee” 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 894?
Track SB 894 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on SB 894

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of SB 894

Last checked for changes 2 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →