Bill Text - HB339 (2013)

(New Title) establishing a committee to study existing debt collection laws and practices.


Revision: April 19, 2013, midnight

HB 339-FN – VERSION ADOPTED BY BOTH BODIES

20Mar2013… 0720h

2013 SESSION

13-0727

08/03

HOUSE BILL 339-FN

AN ACT establishing a committee to study existing debt collection laws and practices.

SPONSORS: Rep. C. Rice, Merr 27; Rep. Davis, Merr 20

COMMITTEE: Commerce and Consumer Affairs

AMENDED ANALYSIS

This bill creates a committee to study existing debt collection laws and practices.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

20Mar2013… 0720h

13-0727

08/03

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Thirteen

AN ACT establishing a committee to study existing debt collection laws and practices.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Committee Established. There is established a committee to study existing debt collection laws and practices.

2 Membership and Compensation.

I. The members of the committee shall be as follows:

(a) Four members of the house of representatives, appointed by the speaker of the house of representatives.

(b) One member of the senate, appointed by the president of the senate.

II. Members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.

3 Duties. The committee shall study existing debt collection laws and practices and determine and recommend any statutory changes needed to balance industry needs and consumer needs.

4 Chairperson; Quorum. The members of the study committee shall elect a chairperson from among the members. The first meeting of the committee shall be called by the first-named house member. The first meeting of the committee shall be held within 45 days of the effective date of this section. Three members of the committee shall constitute a quorum.

5 Report. The committee shall report its findings and any recommendations for proposed legislation to the speaker of the house of representatives, the president of the senate, the house clerk, the senate clerk, the governor, and the state library on or before November 1, 2013.

6 Effective Date. This act shall take effect upon its passage.

LBAO

13-0727

Amended 03/25/13

HB 339 FISCAL NOTE

AN ACT establishing a committee to study existing debt collection laws and practices.

FISCAL IMPACT:

    The Office of Legislative Budget Assistant states this bill, as amended by the House (Amendment #2013-0720h), will have no fiscal impact on state, county and local revenue or expenditures in FY 2014 and each year thereafter.

METHODOLOGY:

    The Office of Legislative Budget Assistant states this amended bill creates a committee to study existing debt collection laws and practices. This bill as amended will have no fiscal impact.