AN ACT TO INCREASE THE MAXIMUM PROCESSING FEE FOR RETURNED CHECKS. SL 2019-77. Enacted July 5, 2019. Effective October 1, 2019.
FEES/RETURNED CHECKS (NEW)
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| View NCGA Bill Details | 2019-2020 Session |
AN ACT TO INCREASE THE MAXIMUM PROCESSING FEE FOR RETURNED CHECKS.Intro. by Gunn, D. Davis.
Status: Ch. SL 2019-77 (Jul 5 2019)
Bill History:
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Tue, 2 Apr 2019 Senate: Filed
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Tue, 2 Apr 2019 Senate: Filed
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Wed, 3 Apr 2019 Senate: Passed 1st Reading
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Wed, 3 Apr 2019 Senate: Ref To Com On Rules and Operations of the Senate
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Wed, 3 Apr 2019 Senate: Passed 1st Reading
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Wed, 3 Apr 2019 Senate: Ref To Com On Rules and Operations of the Senate
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Wed, 1 May 2019 Senate: Withdrawn From Com
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Wed, 1 May 2019 Senate: Withdrawn From Com
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Thu, 2 May 2019 Senate: Reptd Fav Com Substitute
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Thu, 2 May 2019 Senate: Com Substitute Adopted
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Thu, 2 May 2019 Senate: Re-ref Com On Rules and Operations of the Senate
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Mon, 6 May 2019 Senate: Reptd Fav
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Tue, 7 May 2019 Senate: Withdrawn From Cal
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Tue, 7 May 2019 Senate: Placed On Cal For 05/08/2019
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Wed, 8 May 2019 Senate: Passed 2nd Reading
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Wed, 8 May 2019 Senate: Passed 3rd Reading
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Wed, 8 May 2019 Senate: Special Message Sent To House
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Wed, 8 May 2019 House: Special Message Received From Senate
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Thu, 9 May 2019 House: Passed 1st Reading
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Mon, 20 May 2019 House: Withdrawn From Com
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Tue, 11 Jun 2019 House: Reptd Fav
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Tue, 11 Jun 2019 House: Re-ref Com On Rules, Calendar, and Operations of the House
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Mon, 17 Jun 2019 House: Reptd Fav
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Mon, 17 Jun 2019 House: Cal Pursuant Rule 36(b)
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Mon, 17 Jun 2019 House: Placed On Cal For 06/20/2019
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Thu, 20 Jun 2019 House: Passed 2nd Reading
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Thu, 20 Jun 2019 House: Passed 3rd Reading
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Thu, 20 Jun 2019 House: Ordered Enrolled
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Fri, 21 Jun 2019 Senate: Ratified
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Mon, 24 Jun 2019 Senate: Pres. To Gov. 6/24/2019
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Fri, 5 Jul 2019 Senate: Became Law W/o Signature
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Fri, 5 Jul 2019 Senate: Ch. SL 2019-77
S 529/S.L. 2019-77
Bill Summaries:
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Bill S 529 (2019-2020)Summary date: Jul 8 2019 - View Summary
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Bill S 529 (2019-2020)Summary date: May 2 2019 - View Summary
Senate committee substitute to the 1st edition makes the following changes.
Deletes the proposed changes to GS 53-176, which increased the maximum loan processing fee a licensee under the North Carolina Consumer Finance Act can assess.
Makes conforming changes to the act and the act's titles.
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Bill S 529 (2019-2020)Summary date: Apr 2 2019 - View Summary
Identical to H 327, filed 3/11/19.
Amends GS 25-3-506, increasing the maximum processing fee for returned checks accepted in payment for goods or services from $25 to $35. Makes language gender-neutral and makes further technical and clarifying changes. Applies to checks dated on or after October 1, 2019.
Amends GS 53-176, increasing the maximum loan processing fee a licensee under the North Carolina Consumer Finance Act can assess, from $25 for loans up to $2,500 and 1% of the cash advance for loans above $2,500, not exceeding a total fee of $40, to $50 for loans up to $5,000 and 1% of the cash advance for loans above $5,000, with no maximum total fee amount specified. Applies to contracts entered into, renewed, or modified on or after October 1, 2019.
View: All Summaries for Bill
Senate committee substitute to the 1st edition changed the long title. Original title was AN ACT TO INCREASE THE MAXIMUM PROCESSING FEE FOR RETURNED CHECKS AND THE MAXIMUM LOAN PROCESSING FEE FOR LICENSEES UNDER THE CONSUMER FINANCE ACT.