SB58 Alabama 2020 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2020
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 require the term of a deferred presentment transaction to be a minimum of 30 calendar days
Relating to deferred presentment transactions; to amend Section 5-18A-13, Code of Alabama 1975; to require the term of a deferred presentment transaction to be a minimum of alendar days.
Subjects
Deferred Presentment Transactions
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 4, 2020 | S | Read for the first time and referred to the Senate committee on Banking and Insurance |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | February 12, 2020 | Room 320 REVISED** Public Hearing ADDDED SB58** at 13:00 | Senate B&I Public Hearing |
| Hearing | February 12, 2020 | Room 320 REVISED** Public Hearing ADDDED SB58** at 13:00 | Senate B&I Hearing |
| Hearing | February 12, 2020 | Room 320 REVISED** Public Hearing ADDDED** at 13:00 | Senate B&I Hearing |
| Hearing | February 12, 2020 | Room 320 at 13:00 | Senate B&I Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB58 Alabama 2020 Session - Introduced |