summary
Introduced
01/23/2017
01/23/2017
In Committee
03/29/2018
03/29/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
For legislation to further regulate debt collection licensure. Consumer Protection and Professional Licensure.
AI Summary
This bill aims to further regulate debt collection licensure in Massachusetts. It amends the definition of "debt collector" to include a broader range of entities engaged in debt collection activities, such as those who purchase charged-off debt for collection purposes. The bill also requires all debt collectors to obtain a license from the commissioner, with some exceptions, and allows affiliated companies to be under a single license. The bill takes effect on January 1, 2018 and does not affect the validity of any collection actions or judgments prior to that date.
Committee Categories
Budget and Finance, Labor and Employment
Sponsors (8)
Nick Boldyga (R),
Paul Frost (R),
Susan Gifford (R),
Sheila Harrington (R),
Steven Howitt (R),
Brad Jones (R),
Todd Smola (R),
Bruce Tarr (R),
Last Action
No further action taken (on 01/01/2019)
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://malegislature.gov/Bills/190/H1982 |
| Bill | https://malegislature.gov/Bills/190/H1982.pdf |
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