SB138 Alabama 2018 Session
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Bill Summary
Sponsors
Session
Regular Session 2018
Title
Deferred presentment transactions, term set at 30 days, Sec. 5-18A-13 amd.
Description
Under existing law, the term of a deferred presentment transaction is between 10 and 31 calendar days
This bill would set the term of all deferred presentment transactions at 30 calendar days
Relating to deferred presentment transactions; to amend Section 5-18A-13, Code of Alabama 1975; to set the term of all deferred presentment transactions at 30 calendar days.
Subjects
Deferred Presentment Transactions
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 8, 2018 | H | Read for the first time and referred to the House of Representatives committee on Financial Services |
| March 8, 2018 | S | Orr motion to Reconsider lost Roll Call 718 |
| March 8, 2018 | S | Orr motion to Reconsider and Table lost Roll Call 717 |
| March 8, 2018 | S | Motion to Read a Third Time and Pass adopted Roll Call 716 |
| March 8, 2018 | S | Third Reading Passed |
| February 20, 2018 | S | Read for the second time and placed on the calendar |
| January 11, 2018 | S | Read for the first time and referred to the Senate committee on Banking and Insurance |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | February 15, 2018 | Room 320 at 09:00 | Senate B&I Hearing |
| Hearing | February 7, 2018 | Room 320 **Revision #1 - BILL ADDED** at 11:30 | Senate B&I Public Hearing |
| Hearing | February 7, 2018 | Room 320 at 11:30 | Senate B&I Public Hearing |
| Hearing | April 12, 2017 | Room 727 **Public Hearing & Vote** at 10:30 | Senate F&TE Public Hearing |