l9n/ Oregon

2017 Regular Session

Senate Bill 722

Provides that debt management service provider may charge fee of not more than $50 per month during term of agreement between consumer and debt management service provider under which debt management service provider improves or preserves, or offers to improve or preserve, consumer's credit record, credit history or credit rating but does not conduct budget analysis for consumer, act as broker for another debt management service provider or otherwise engage in other activity that constitutes deb

Became law as Chapter 465, Oregon Laws 2017, signed June 22, 2017, 135 days after it was filed. In force from October 6, 2017.

What it does

The synopsis the Legislative Assembly published with the bill.

Provides that debt management service provider may charge fee of not more than $50 per month during term of agreement between consumer and debt management service provider under which debt management service provider improves or preserves, or offers to improve or preserve, consumer's credit record, credit history or credit rating but does not conduct budget analysis for consumer, act as broker for another debt management service provider or otherwise engage in other activity that constitutes debt management service. Provides that initial fee that debt management service provider charges consumer is fee for first month of service. Permits consumer to void contract and requires debt management service provider to return sums consumer paid if debt management service provider charges more than fees allowed. Provides that consumer may not waive consumer's rights under Act. Permits director to adjust fees to reflect changes in Consumer Price Index. Becomes operative January 1, 2018. Takes effect on 91st day following adjournment sine die.

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

    SJUD

    Its course

    February 7 to July 4, 2017, 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 action23 actions on 22 days

    In the SenateFeb 7 to Apr 1870 days

    Waiting for a committeeFeb 7 to Feb 81 day

    JudiciaryFeb 8 to Apr 1465 days

    In the House of RepresentativesApr 18 to Jun 649 days

    Waiting for a committeeApr 18 to Apr 202 days

    Business and LaborApr 20 to May 2636 days

    Back in the SenateJun 6 to Jun 137 days

    With the GovernorJun 13 to Jun 229 days

    Votes

    Yeas to nays, as the Legislative Assembly recorded them. Committee votes are set in.

    • Senate, third reading29–0

      Passed · Apr 18 · 1 present

    • House of Representatives, third reading56–0

      Passed · Jun 6 · 4 present

    • Senate, concurrence29–0

      Agreed to the other chamber's changes · Jun 12 · 1 present

    Amendments

    Each amendment offered, and what became of it.

    • Senate committee amendmentAdopted

      Adopted Apr 14

    • House of Representatives committee amendmentAdopted

      Adopted May 26

    Text

    Each version as the Legislative 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 Legislative Assembly published it is below.

    In the Senate Feb 7 – Apr 18

    1. Introduced
    2. Sent to Judiciary
    3. Heard in Judiciary
    4. Heard in Judiciary
    5. Judiciary recommended it as amended
    6. Read a second time
    7. Passed the Senate, 29 to 0

    In the House of Representatives Apr 19 – Jun 6

    1. Arrived in the House of Representatives
    2. Sent to Business and Labor
    3. Heard in Business and Labor
    4. Heard in Business and Labor
    5. Business and Labor recommended it as amended
    6. Read a second time
    7. Passed the House of Representatives, 56 to 0

    Back in the Senate Jun 12 – Jun 13

    1. The Senate agreed to the House of Representatives's amendments and passed it again, 29 to 0
    2. Signed in the Senate

    To the Governor Jun 15 – Jul 4

    1. Signed in the House of Representatives
    2. Signed by the Governor
    3. Became chapter 465 of Oregon Laws 2017
    4. In force from October 6, 2017
    All 23 actions, as published