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HB 23-1162 CO
Became Law

Consumer Legal Funding Transactions

CO · session 2023A · Assembly / House · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Feb 1, 2023

Latest action (Jun 1, 2023) Introduced In House - Assigned to Business Affairs & Labor

Summary

The act authorizes the administrator of the "Uniform Consumer Credit Code" to adopt rules regarding deferral charges for certain consumer credit transactions that are secured by the consumer's potential proceeds from a settlement or judgment obtained in the consumer's associated legal claim. APPROVED by Governor June 1, 2023 EFFECTIVE August 7, 2023 NOTE: This act was passed without a safety clause and takes effect 90 days after sine die. (Note: This summary applies to this bill as enacted.)

Sponsors (2)

Action history (15)
  1. Jun 1, 2023 Governor Signed · executive
  2. May 17, 2023 Sent to the Governor · executive
  3. May 17, 2023 Signed by the President of the Senate · upper
  4. May 17, 2023 Signed by the Speaker of the House · lower
  5. May 1, 2023 Senate Third Reading Passed - No Amendments · upper
  6. Apr 28, 2023 Senate Second Reading Special Order - Passed - No Amendments · upper
  7. Apr 27, 2023 Senate Committee on Business, Labor, & Technology Refer Unamended - Consent Calendar to Senate Committee of the Whole · upper
  8. Apr 19, 2023 Introduced In Senate - Assigned to Business, Labor, & Technology · upper
  9. Apr 18, 2023 House Third Reading Passed - No Amendments · lower
  10. Apr 17, 2023 House Second Reading Special Order - Passed with Amendments - Committee, Floor · lower
  11. Apr 13, 2023 House Second Reading Special Order - Laid Over Daily - No Amendments · lower
  12. Apr 10, 2023 House Committee on Finance Refer Amended to House Committee of the Whole · lower
  13. Mar 2, 2023 House Committee on Finance Witness Testimony and/or Committee Discussion Only · lower
  14. Feb 16, 2023 House Committee on Business Affairs & Labor Refer Amended to Finance · lower
  15. Feb 1, 2023 Introduced In House - Assigned to Business Affairs & Labor · lower

Text versions (10)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Signed Act (06/01/2023) · PDF
  • Final Act (05/17/2023) · PDF
  • Rerevised (05/01/2023) · PDF
  • Revised (04/28/2023) · PDF
  • Reengrossed (04/18/2023) · PDF
  • Engrossed (04/17/2023) · PDF
  • Introduced (02/01/2023) · PDF
  • PA2 (04/11/2023) · PDF
  • PA1 (02/17/2023) · PDF
  • Committee Amendment · PDF

Full text

The full text hasn’t been imported yet. CivicGate fetches it from the state legislature’s published version documents — check now.

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Data from OpenStates. View on OpenStates →