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2010 SESSION

• | print version

HB 872 Credit Services Businesses Act; prohibited practices.

Introduced by: Benjamin L. Cline | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Virginia Credit Services Businesses Act.  Authorizes a credit services business to receive payments from a consumer in advance of complete and full performance of the services that the business agreed to perform for or on behalf of the consumer if the consumer has agreed to pay for services during the term of a subscription agreement, if the consumer is authorized to cancel the subscription agreement at any time. A credit service business generally undertakes to improve a consumer's credit record, history, or report or obtain an extension of credit for a consumer.

FULL TEXT

• 01/13/10  House: Prefiled and ordered printed; offered 01/13/10 10102745D  pdf | impact statement
• 02/09/10  House: Committee substitute printed 10104934D-H1  pdf | impact statement
• 03/08/10  Senate: Committee substitute printed 10105901D-S1  pdf
• 03/22/10  House: Bill text as passed House and Senate (HB872ER)  pdf | impact statement
• 04/11/10  Governor: Acts of Assembly Chapter text (CHAP0421)  pdf

HISTORY

• 01/13/10  House: Prefiled and ordered printed; offered 01/13/10 10102745D
• 01/13/10  House: Referred to Committee on Commerce and Labor
• 02/09/10  House: Reported from Commerce and Labor with substitute (22-Y 0-N)
• 02/09/10  House: Committee substitute printed 10104934D-H1
• 02/11/10  House: Read first time
• 02/12/10  House: Read second time
• 02/12/10  House: Committee substitute agreed to 10104934D-H1
• 02/12/10  House: Engrossed by House - committee substitute HB872H1
• 02/15/10  House: Read third time and passed House BLOCK VOTE (99-Y 0-N)
• 02/15/10  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
• 02/16/10  Senate: Constitutional reading dispensed
• 02/16/10  Senate: Referred to Committee on Commerce and Labor
• 03/08/10  Senate: Reported from Commerce and Labor with substitute (15-Y 0-N)
• 03/08/10  Senate: Committee substitute printed 10105901D-S1
• 03/09/10  Senate: Constitutional reading dispensed (39-Y 0-N)
• 03/10/10  Senate: Read third time
• 03/10/10  Senate: Reading of substitute waived
• 03/10/10  Senate: Committee substitute agreed to 10105901D-S1
• 03/10/10  Senate: Engrossed by Senate - committee substitute HB872S1
• 03/10/10  Senate: Passed Senate with substitute (40-Y 0-N)
• 03/10/10  House: Placed on Calendar
• 03/11/10  House: Senate substitute agreed to by House 10105901D-S1 (96-Y 0-N)
• 03/11/10  House: VOTE: --- ADOPTION (96-Y 0-N)
• 03/22/10  House: Enrolled
• 03/22/10  House: Bill text as passed House and Senate (HB872ER)
• 03/22/10  House: Signed by Speaker
• 03/25/10  Senate: Signed by President
• 04/11/10  Governor: Approved by Governor-Chapter 421 (effective 7/1/10)
• 04/11/10  Governor: Acts of Assembly Chapter text (CHAP0421)