Bill
Bill > H0399
ID H0399
ID H0399Amends and repeals existing law to revise the licensing requirements for collection agencies and to provide that collection agencies may collect incidental charges included in a contract between a creditor and debtor.
summary
Introduced
02/04/2020
02/04/2020
In Committee
02/27/2020
02/27/2020
Crossed Over
02/14/2020
02/14/2020
Passed
Dead
03/20/2020
03/20/2020
Introduced Session
2020 Regular Session
Bill Summary
COLLECTION AGENCIES -- Amends and repeals existing law to revise the licensing requirements for collection agencies and to provide that collection agencies may collect incidental charges included in a contract between a creditor and debtor.
AI Summary
This bill amends and repeals existing law to revise the licensing requirements for collection agencies and to provide that collection agencies may collect incidental charges included in a contract between a creditor and debtor. The key provisions include: updating the license application process to require submission through the Nationwide Mortgage Licensing System and Registry (NMLSR), allowing for branch licenses, clarifying the collection of certain incidental charges and fees, and modifying the license renewal and expiration requirements. The bill also outlines requirements for collection agencies when closing or discontinuing operations.
Committee Categories
Business and Industry, Justice
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Business Committee (House)
Last Action
Returned from Senate Failed; Filed in the office of the Chief Clerk (on 03/06/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://legislature.idaho.gov/sessioninfo/2020/legislation/H0399/ |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2020/legislation/H0399.pdf |
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