Bill Sponsor
Colorado House Bill 1162
Session 2023A
Consumer Legal Funding Transactions
Became Law
Became Law
Signed by Governor on Jun 1, 2023
Sponsors
Democrat
Steven Woodrow
Democrat
Robert Rodriguez
First Action
Feb 1, 2023
Latest Action
Jun 1, 2023
Origin Chamber
House
Type
Bill
Bill Number
1162
State
Colorado
Session
2023A
Sponsorship by Party
Democrat
Primary
Democrat
Primary
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.)
Actions (15)
06/01/2023
Office of the Governor
Governor Signed
05/17/2023
Office of the Governor
Sent to the Governor
05/17/2023
Senate
Signed by the President of the Senate
05/17/2023
House
Signed by the Speaker of the House
05/01/2023
Senate
Senate Third Reading Passed - No Amendments
04/28/2023
Senate
Senate Second Reading Special Order - Passed - No Amendments
04/27/2023
Senate
Senate Committee on Business, Labor, & Technology Refer Unamended - Consent Calendar to Senate Committee of the Whole
04/19/2023
Senate
Introduced In Senate - Assigned to Business, Labor, & Technology
04/18/2023
House
House Third Reading Passed - No Amendments
04/17/2023
House
House Second Reading Special Order - Passed with Amendments - Committee, Floor
04/13/2023
House
House Second Reading Special Order - Laid Over Daily - No Amendments
04/10/2023
House
House Committee on Finance Refer Amended to House Committee of the Whole
03/02/2023
House
House Committee on Finance Witness Testimony and/or Committee Discussion Only
02/16/2023
House
House Committee on Business Affairs & Labor Refer Amended to Finance
02/01/2023
House
Introduced In House - Assigned to Business Affairs & Labor
Sources
Record Created
Feb 2, 2023 12:53:09 AM
Record Updated
Aug 10, 2023 9:10:33 AM