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SB 487 Passed

Consumer Protection - As introduced, reduces, from $100 billion to $50 billion, the amount of assets held by a state or national bank, savings and loan association, savings bank, credit union, industrial loan and thrift, or mortgage lender that are necessary to fall within the definition of a financial institution for purposes of the application of certain consumer protections. - Amends TCA Title 4; Title 9; Title 45; Title 47 and Title 56.

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Legislative Timeline

3 actions
  1. Feb 12, 2025 upper
    Passed on Second Consideration, refer to Senate Commerce and Labor Committee
  2. Feb 10, 2025 lower
    Introduced, Passed on First Consideration
  3. Jan 29, 2025 lower
    Filed for introduction
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