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Financial Institutions, Dept. of - As introduced, requires the department to implement a database no later than January 1, 2021, for licensees providing deferred presentment and flex loan transactions to ensure that customers are not exceeding certain limits for such transactions; requires licensees to conduct database checks before entering into such transactions; authorizes a fee per transaction. - Amends TCA Title 45, Chapter 1; Title 45, Chapter 12 and Title 45, Chapter 17.

In committee: it can still change before the session ends.

TN HB 694 · House Bill · 111

Stage
In committee
Started in
House
Sponsors
2
Latest action
Mar 18, 2019

Where it stands

  1. Introduced (Done)

  2. Committee (Current step)

    In committee · Mar 18, 2019

  3. Floor (Not started)

  4. Law (Not started)

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money in Tennessee.

Work with this bill

Financial Institutions, Dept. of - As introduced, requires the department to implement a database no later than January 1, 2021, for licensees providing deferred presentment and flex loan transactions to ensure that customers are not exceeding certain limits for such transactions; requires licensees to conduct database checks before entering into such transactions; authorizes a fee per transaction. - Amends TCA Title 45, Chapter 1; Title 45, Chapter 12 and Title 45, Chapter 17. | 52