l9n/ Connecticut

2023 Regular Session

Senate Bill 1033

AN ACT CONCERNING VARIOUS REVISIONS TO THE BANKING STATUTES.

Became law as Public Act 23-126, signed June 29, 2023, 133 days after it was filed.

What it does

The synopsis the General Assembly published with the bill.

To (1) redefine "APR" and "small loan", (2) define "finance charge", (3) require additional persons to obtain small loan licenses, (4) provide that certain small loan requirements apply to loans that are between five thousand and fifty thousand dollars, (5) provide that certain small loans shall not provide for an advance exceeding unpaid principal of fifty thousand dollars, (6) redefine "goods" and "sales finance company", (7) establish that guaranteed asset protection waivers are cancellable, (8) provide that certain qualified public depository reports shall be certified under oath unless such reports are filed electronically, (9) provide that certain persons shall not engage the services of certain lead generators, and (10) eliminate a requirement that certain persons demonstrate an ability to supervise mortgage servicing offices in person.

Sponsors

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

In the Senate

1 co-sponsor

Patricia Billie Miller

In the House of Representatives

    1 co-sponsor

    Tom Delnicki

    Its course

    February 16 to June 29, 2023, 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 action21 actions on 13 days

    In the SenateFeb 16 to May 31104 days

    Banking CommitteeFeb 16 to Mar 719 days

    In the House of RepresentativesMay 31 to Jun 66 days

    Waiting to be sentJun 6 to Jun 2216 days

    With the GovernorJun 22 to Jun 297 days

    Amendments

    Each amendment offered, and what became of it.

    • Senate floor amendmentAdopted

      Adopted May 31 · Adopted Jun 6

    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 Feb 16 – May 31

    1. Feb 16Introduced and sent to Banking Committee
    2. Feb 17Heard in Banking Committee
    3. Feb 28Heard in Banking Committee
    4. Mar 7Banking Committee recommended a substitute for it
    5. May 31The Senate adopted Senate Amendment A
    6. Passed the Senate with Senate Amendment A

    In the House of Representatives Jun 2 – Jun 6

    1. Jun 2Arrived in the House of Representatives
    2. Jun 6The House of Representatives adopted Senate Amendment A
    3. Passed the House of Representatives with Senate Amendment A

    To the Governor Jun 15 – Jun 29

    1. Jun 15Numbered Public Act 23-126
    2. Jun 22Sent to the Secretary of the State
    3. Sent to the Governor
    4. Jun 29Signed by the Governor
    All 21 actions, as published
    1. Feb 16REF. TO JOINT COMM. ONBoth houses
    2. Feb 17PUBLIC HEARINGBoth houses
    3. Feb 28PUBLIC HEARINGBoth houses
    4. Mar 7Joint Favorable SubstituteBoth houses
    5. Mar 8FILED WITH LCOBoth houses
    6. Mar 17REFERRED TO OLR, OFABoth houses
    7. Mar 23RPTD. OUT OF LCOBoth houses
    8. Mar 23FAV. RPT., TAB. FOR CAL., SEN.Senate
    9. Mar 23SENATE CALENDAR NUMBERSenate
    10. Mar 23FILE NO.Both houses
    11. May 31SEN. ADOPTED SEN. AMEND. SCH.Senate
    12. May 31SEN. PASSED, SEN. AMEND. SCH.Senate
    13. Jun 2FAV. RPT., TABLED FOR HOUSE CALENDARHouse of Representatives
    14. Jun 2HOUSE CALENDAR NUMBERHouse of Representatives
    15. Jun 6HOUSE ADOPTED SEN. AMEND. SCH.House of Representatives
    16. Jun 6HOUSE PASSED, SEN. AMEND. SCH.House of Representatives
    17. Jun 6IN CONCURRENCEHouse of Representatives
    18. Jun 15PUBLIC ACTBoth houses
    19. Jun 22TRANSMITTED TO SECRETARY OF THE STATEBoth houses
    20. Jun 22TRANSMITTED BY SECRETARY OF THE STATE TO GOVERNORGovernor
    21. Jun 29SIGNED BY GOVERNORGovernor