HB4814Introduced in the House
DEBT MANAGEMENT LICENSE & FEES
Introduced by Daniel Didech, District 59
What does this bill do?
Plain-English breakdown
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Official description
Amends the Debt Management Service Act. Provides that every applicant for a license to engage in the debt management service business in the State shall submit to the Secretary, at the time of the application for a license, a bond to be approved by the Secretary in which the applicant shall be the obligor, in the sum of $50,000 (rather than $25,000) or the specified amount. In provisions concerning fees or penalties that may be charged by a debt management service provider, permits the charging of additional fees at the completion of the initial counseling services, which shall not exceed: (A) 15% of the amount disbursed monthly to creditors or $75, whichever is less, if there are fewer than 6 creditors enrolled in the debt management plan; or (B) 15% of the amount disbursed monthly to creditors or $100, whichever is less, if there are 6 or more creditors enrolled in the debt management plan.
Where it stands
Senate Floor Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
July 2, 2026
How did lawmakers vote?
HouseStage: House Third Reading · April 14, 2026
74
Yes
34
No
2
Absent or Not Voting
110 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.
See how each representative voted
| Representative | District | Vote |
|---|---|---|
| Aaron Ortiz | 1 | Yes |
| Elizabeth Hernandez | 2 | Yes |
| Eva Dina Delgado | 3 | Yes |
| Lilian Jimenez | 4 | Yes |
| Kimberly Du Buclet | 5 | Yes |
| Sonya Harper | 6 | Yes |
| Emanuel Welch | 7 | Yes |
| LaShawn Ford | 8 | Yes |
| Yolanda Morris | 9 | Yes |
| Jawaharial Williams | 10 | Yes |
Bill history
Filed with the Clerk by Rep. Daniel Didech
First Reading
Referred to Rules Committee
Assigned to Financial Institutions and Licensing Committee
Do Pass / Short Debate Financial Institutions and Licensing Committee; 012-000-000
Placed on Calendar 2nd Reading - Short Debate
House Floor Amendment No. 1 Filed with Clerk by Rep. Daniel Didech
House Floor Amendment No. 1 Referred to Rules Committee
House Floor Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee
Added Chief Co-Sponsor Rep. Justin Cochran
House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions and Licensing Committee; 010-000-000
Added Chief Co-Sponsor Rep. Jawaharial Williams
Second Reading - Short Debate
Held on Calendar Order of Second Reading - Short Debate
House Floor Amendment No. 1 Adopted
Placed on Calendar Order of 3rd Reading - Short Debate
Third Reading - Short Debate - Passed 074-034-000
Arrive in Senate
Placed on Calendar Order of First Reading
Chief Senate Sponsor Sen. Mark L. Walker
First Reading
Referred to Assignments
Approved for Consideration Assignments
Placed on Calendar Order of 2nd Reading May 21, 2026
Alternate Chief Sponsor Changed to Sen. Don Harmon
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Mark L. Walker
Senate Floor Amendment No. 1 Referred to Assignments
Second Reading
Placed on Calendar Order of 3rd Reading May 25, 2026
Senate Floor Amendment No. 1 Assignments Refers to Executive
Rule 2-10 Third Reading Deadline Established As May 31, 2026
Rule 3-9(a) / Re-referred to Assignments
Senate Floor Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
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