Debt collection.

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Signed into Law

Summary

The bill changes the name of the existing Debt Collection Licensing Act to the Debt Collector Licensing Act and requires debt collectors to obtain only one license for the entire company, eliminating separate licenses for each branch, affiliate or subsidiary. It raises the application fee to $1,000, adds an investigation fee, expands reporting requirements, and limits the commissioner’s ability to suspend licenses after a court judgment. The measure also creates a Debt Collection Advisory Board that is exempt from the state’s open‑meeting law.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Vote

From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0. Page 3898.) (April 15). Re-referred to Com. on APPR. · Apr 15, 2026

Hearings

• Appropriations Committee Hearing
  Appropriations · May 14, 2026
• Appropriations Committee Hearing
  Appropriations · Apr 27, 2026
• Banking and Financial Institutions Committee Hearing
  Banking and Financial Institutions · Apr 15, 2026

History

1. May 14, 2026May 14 hearing: Held in committee and under submission.
2. May 8, 2026Set for hearing May 14.
3. Apr 27, 2026April 27 hearing: Placed on APPR. suspense file.
4. Apr 17, 2026Set for hearing April 27.
5. Apr 15, 2026From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0. Page 3898.) (April 15). Re-referred to Com. on APPR.
6. Apr 9, 2026Set for hearing April 15.
7. Apr 8, 2026Re-referred to Com. on B. & F.I.
8. Apr 8, 2026From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I.
9. Mar 23, 2026From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS.
10. Feb 26, 2026Referred to Com. on RLS.
11. Feb 18, 2026From printer. May be acted upon on or after March 20.
12. Feb 17, 2026Introduced. Read first time. To Com. on RLS. for assignment. To print.

Sponsors

• Jones · sponsor

Bill text

Opens the legislature’s own copy.

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