Did not become law. It stopped in the House of Representatives's Banking and Financial Services Committee on January 31, 2023. The 2023 session has ended.
2023 Regular Session
House Bill 1271
Commercial Financing Disclosure Law; create.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO CREATE THE "COMMERCIAL FINANCING DISCLOSURE LAW"; TO DEFINE CERTAIN TERMS RELATING TO COMMERCIAL FINANCING; TO REQUIRE A PROVIDER THAT COMPLETES A COMMERCIAL FINANCING PRODUCT TO DISCLOSE THE TERMS OF SUCH COMMERCIAL FINANCING PRODUCT; TO PROVIDE CERTAIN EXCEPTIONS TO THE PROVISIONS OF THIS ACT; TO PROHIBIT A PERSON FROM ENGAGING IN BUSINESS AS A COMMERCIAL FINANCING BROKER WITHIN THIS STATE FOR COMPENSATION, UNLESS THE PERSON HAS FILED A REGISTRATION WITH THE DEPARTMENT OF BANKING AND CONSUMER FINANCE, AND HAS ON FILE A SUFFICIENT BOND; TO PROVIDE PENALTIES FOR A VIOLATION OF THE PROVISIONS OF THIS ACT; AND FOR RELATED PURPOSES.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
Its course
January 16 to January 31, 2023, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action2 actions on 2 days
In the House of RepresentativesJan 16 to Jan 31 · stopped15 days
Banking and Financial ServicesJan 16 to Jan 31 · stopped15 days
Text
Each version as the Legislature printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislature published it is below.
In the House of Representatives Jan 16 – Jan 31
- Jan 16Referred to the House committee on Banking and Financial Services
- Jan 31Died in committee in the House
All 2 actions, as published
- Jan 16Referred To Banking and Financial ServicesHouse of Representatives
- Jan 31Died In CommitteeHouse of Representatives