Legislature(2025 - 2026)

2025-04-11 Senate Journal

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2025-04-11                     Senate Journal                      Page 0781
SB 39                                                                                                                         
The Finance Committee considered SENATE BILL NO. 39 "An Act                                                                     
relating to loans in an amount of $25,000 or less; relating to the                                                              
Nationwide Multistate Licensing System and Registry; relating to                                                                
deferred deposit advances; and providing for an effective date" and                                                             
recommended it be replaced with                                                                                                 
                                                                                                                                
          CS FOR SENATE BILL NO. 39(FIN) "An Act                                                                                
          relating to loans in an amount of $25,000 or less;                                                                    
          relating to financial institutions; relating to the                                                                   
          Nationwide Multistate Licensing System and                                                                            
          Registry; relating to pawnbroker licensing                                                                            
          exemptions; relating to deferred deposit advances;                                                                    
          relating to computing interest; and providing for an                                                                  
          effective date."                                                                                                      
                                                                                                                                
Signing do pass: Senators Olson, Hoffman, Cochairs; Senator Kiehl.                                                              
Signing no recommendation: Senator Stedman, Cochair; Senators                                                                   
Kaufman, Cronk, Merrick.                                                                                                        
                                                                                                                                
The following fiscal information was published today:                                                                           
          Fiscal Note No. 2, Department of Commerce, Community, and                                                            
           Economic Development                                                                                                 
                                                                                                                                
The bill was referred to the Rules Committee.