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.)
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 05/02/2017 | SA1 |
| 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 |