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2017 SESSION
SB 1126 Consumer finance companies; Internet loans, report.
Introduced by: Scott A. Surovell | all patrons ... notes | add to my profiles
SUMMARY AS PASSED SENATE: (all summaries)
Consumer finance companies; Internet loans. Provides that the laws regulating consumer finance companies apply to persons making loans to individuals for personal, family, household, or other nonbusiness purposes over the Internet to Virginia residents or any individuals in Virginia, whether or not the person making the loans maintains a physical presence in the Commonwealth. The measure has a reenactment clause and directs the Bureau of Financial Institutions to conduct an analysis of the legal, administrative, and other relevant issues relating to the feasibility of regulating Internet lending activities by consumer finance companies.
FULL TEXT
- 01/09/17 Senate: Prefiled and ordered printed; offered 01/11/17 17100949D pdf
- 01/23/17 Senate: Printed as engrossed 17100949D-E pdf | impact statement
AMENDMENTS
HISTORY
- 01/09/17 Senate: Prefiled and ordered printed; offered 01/11/17 17100949D
- 01/09/17 Senate: Referred to Committee on Commerce and Labor
- 01/16/17 Senate: Reported from Commerce and Labor (8-Y 5-N)
- 01/18/17 Senate: Constitutional reading dispensed (38-Y 0-N)
- 01/19/17 Senate: Passed by for the day
- 01/20/17 Senate: Passed by for the day
- 01/23/17 Senate: Read second time
- 01/23/17 Senate: Reading of amendment waived
- 01/23/17 Senate: Amendment by Senator Surovell agreed to
- 01/23/17 Senate: Engrossed by Senate as amended SB1126E
- 01/23/17 Senate: Printed as engrossed 17100949D-E
- 01/24/17 Senate: Read third time and passed Senate (36-Y 3-N)
- 01/24/17 Senate: Reconsideration of passage agreed to by Senate (40-Y 0-N)
- 01/24/17 Senate: Passed Senate (34-Y 6-N)
- 01/31/17 House: Placed on Calendar
- 01/31/17 House: Read first time
- 01/31/17 House: Referred to Committee on Commerce and Labor
- 02/16/17 House: Tabled in Commerce and Labor by voice vote