Loading chat...

ID H0610

Bill

Status

Passed

3/31/2022

Primary Sponsor

Business Committee

Click for details

Origin

House of Representatives

2022 Regular Session

AI Summary

House Bill 610 Summary

  • Removes provisions requiring collection agencies to designate a responsible person and instead allows agencies to operate without this specific requirement.

  • Establishes that incomplete license applications are automatically deemed withdrawn and void if applicants fail to respond to written deficiency notices within 60 days, with notice delivered by mail, email, or electronic system.

  • Changes license renewal deadline from March 15 to December 31 annually and allows reinstatement of expired licenses within 60 days if the applicant meets licensure requirements and pays a $50 reinstatement fee.

  • Authorizes collection of certain fees including a $150 nonrefundable application fee and $100 renewal fee, and clarifies that attorney's fees and litigation costs must be reasonable and limited to actual services performed.

  • Effective July 1, 2022, with emergency declaration included.

Legislative Description

Amends existing law to revise certain requirements for collection agencies and applicants for licensure.

COLLECTION AGENCIES

Last Action

Reported Signed by Governor on March 28, 2022 Session Law Chapter 286 Effective: 07/01/2022

3/31/2022

Committee Referrals

Commerce and Human Resources3/2/2022
Business2/15/2022

Full Bill Text

No bill text available