l9n/ Connecticut

2009 Regular Session

Senate Bill 705

AN ACT CONCERNING DEBT REDUCTION SERVICES.

Did not become law. It stopped in the Senate's Housing Committee on June 2, 2009. The 2009 session has ended.

What it does

The synopsis the General Assembly published with the bill.

To (1) require individuals selling debt reduction services to (A) clearly describe in a contract the services to be provided, including an analysis of the consumer's debt; (B) provide consumers with a three-day right of cancellation; and (C) document all costs associated with the provision of debt reduction services to prohibit debt reducers from charging upfront or advance fees, (2) prohibit for-profit corporations from providing debt reduction services, and (3) authorize the Banking Commissioner to investigate and reduce debt reducer fees that are excessive in relation to common industry fees and the financial benefit received by the consumer for such services.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

Its course

January 27 to June 2, 2009, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action27 actions on 16 days

In the SenateJan 27 to Jun 2 · stopped126 days

Housing CommitteeJan 27 to Mar 1042 days

Banking CommitteeApr 9 to Apr 145 days

Appropriations CommitteeApr 22 to Apr 275 days

Housing CommitteeJun 2 to Jun 2 · stopped0 days

Text

Each version as the General Assembly printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the General Assembly published it is below.

In the Senate Jan 27 – Jun 2

  1. Introduced and sent to Housing Committee
  2. Heard in Housing Committee
  3. Housing Committee recommended a substitute for it
  4. Sent to Banking Committee
  5. Banking Committee recommended it
  6. Sent to Appropriations Committee
  7. Appropriations Committee recommended a substitute for it
  8. Sent to Housing Committee
All 27 actions, as published