- District 1
Amends the Payday Loan Reform Act. Provides that lenders must verify the identity of borrowers before making a loan under the Act. Requires inspection and copying of a government-issued identification document. Allows identifications to be made by licensees under the Currency Exchange Act and other licensees approved by the Department of Financial and Professional Regulation on behalf of lenders under the Payday Loan Reform Act.
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Added as Chief Co-Sponsor Sen. Iris Y. Martinez
Added as Co-Sponsor Sen. Patrick J. Joyce
Added as Co-Sponsor Sen. Patricia Van Pelt
Added as Co-Sponsor Sen. Thomas Cullerton
Added as Co-Sponsor Sen. Michael E. Hastings
Added as Chief Co-Sponsor Sen. Christopher Belt
Added as Co-Sponsor Sen. Emil Jones, III
Added as Co-Sponsor Sen. Robert Peters
Filed with Secretary by Sen. Antonio Muñoz
Referred to Assignments
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