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HB17-1352

Regulate Student Education Loan Servicers

Type Bill
Session 2017 Regular Session

Concerning the regulation of student loan servicers.

Bill Summary:

Section 2 of the bill requires an entity that services a student education loan pursuant to a contract with the federal government to be licensed by the administrator of the 'Uniform Consumer Credit Code'. 'Servicing' means receiving a scheduled periodic payment from a student loan borrower, applying the payments of principal and interest with respect to the amounts received from a student loan borrower, and similar administrative services. Section 4 makes the bill effective on September 1, 2018.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Lost

Introduced

Lost

Related Documents & Information

Date Version Documents
05/05/2017 Reengrossed PDF
05/04/2017 Engrossed PDF
04/21/2017 Introduced PDF
Date Version Documents
05/04/2017 PA2 PDF
04/28/2017 PA1 PDF
Date Version Documents
07/31/2017 FN4 PDF
05/08/2017 FN3 PDF
05/01/2017 FN2 PDF
04/24/2017 FN1 PDF
Date Version Documents
05/02/2017 SA1 PDF
Activity Vote Documents
Refer House Bill 17-1352 to the Committee on Appropriations. The motion failed on a vote of 2-3. Vote summary
Postpone House Bill 17-1352 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. The motion passed on a vote of 3-2. Vote summary
Activity Vote Documents
Adopt amendment L.002 The motion passed without objection. The motion passed without objection. Vote summary
Refer House Bill 17-1352, as amended, to the Committee of the Whole. The motion passed on a vote of 8-5. Vote summary
Activity Vote Documents
Adopt amendment L.001 (Attachment F). The motion passed without objection. Vote summary
Refer House Bill 17-1352, as amended, to the Committee on Appropriations. The motion passed on a vote of 7-5. Vote summary
Activity Vote Documents
Date Calendar Motion Vote Vote Document
05/05/2017 Third Reading BILL
35
AYE
29
NO
1
OTHER
Vote record
Date Location Action
05/08/2017 Senate Senate Committee on State, Veterans, & Military Affairs Postpone Indefinitely
05/05/2017 Senate Introduced In Senate - Assigned to State, Veterans, & Military Affairs
05/05/2017 House House Third Reading Passed - No Amendments
05/04/2017 House House Second Reading Passed - No Amendments
05/03/2017 House House Second Reading Laid Over Daily - No Amendments
05/02/2017 House House Second Reading Special Order - Laid Over Daily - No Amendments
05/02/2017 House House Committee on Appropriations Refer Amended to House Committee of the Whole
04/26/2017 House House Committee on Finance Refer Amended to Appropriations
04/24/2017 House House Committee on Finance Witness Testimony and/or Committee Discussion Only
04/21/2017 House Introduced In House - Assigned to Finance

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