Tennessee HB 694: Financial Institutions, Dept. of - As introduced, requires the department to implement a database no later than January 1, 2021, for licensees providing deferred presentment and flex loan transactions to ensure that customers are not exceeding certain limits for such transactions; requires licensees to conduct database checks before entering into such transactions; authorizes a fee per transaction. - Amends TCA Title 45, Chapter 1; Title 45, Chapter 12 and Title 45, Chapter 17.

Status: Assigned to General Subcommittee of Senate Commerce & Labor Committee (as of 2019-03-18)

State: Tennessee · Session: 111 · Bill: HB 694

Subjects: Financial Institutions, Dept. of

Sponsors: Briggs, Jernigan

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