SB 1126 Consumer finance companies; Internet loans, report.
Scott A. Surovell | all patrons    ...    notes
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Summary as passed Senate: (all summaries)

Consumer finance companies; Internet loans. Provides that the laws regulating consumer finance companies apply to persons making loans to individuals for personal, family, household, or other nonbusiness purposes over the Internet to Virginia residents or any individuals in Virginia, whether or not the person making the loans maintains a physical presence in the Commonwealth. The measure has a reenactment clause and directs the Bureau of Financial Institutions to conduct an analysis of the legal, administrative, and other relevant issues relating to the feasibility of regulating Internet lending activities by consumer finance companies.

Full text:
01/09/17  Senate: Prefiled and ordered printed; offered 01/11/17 17100949D  pdf
01/23/17  Senate: Printed as engrossed 17100949D-E  pdf | impact statement

Amendments:
Senate amendments

Status:
01/09/17  Senate: Prefiled and ordered printed; offered 01/11/17 17100949D
01/09/17  Senate: Referred to Committee on Commerce and Labor
01/16/17  Senate: Reported from Commerce and Labor (8-Y 5-N)
01/18/17  Senate: Constitutional reading dispensed (38-Y 0-N)
01/19/17  Senate: Passed by for the day
01/20/17  Senate: Passed by for the day
01/23/17  Senate: Read second time
01/23/17  Senate: Reading of amendment waived
01/23/17  Senate: Amendment by Senator Surovell agreed to
01/23/17  Senate: Engrossed by Senate as amended SB1126E
01/23/17  Senate: Printed as engrossed 17100949D-E
01/24/17  Senate: Read third time and passed Senate (36-Y 3-N)
01/24/17  Senate: Reconsideration of passage agreed to by Senate (40-Y 0-N)
01/24/17  Senate: Passed Senate (34-Y 6-N)
01/31/17  House: Placed on Calendar
01/31/17  House: Read first time
01/31/17  House: Referred to Committee on Commerce and Labor
02/16/17  House: Tabled in Commerce and Labor by voice vote