HB5384Introduced in the House
FINANCIAL REG-FEES-INVESTIGATE
Introduced by Margaret Croke, District 12
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Amends the Currency Exchange Act. Removes provisions requiring the Secretary of Financial and Professional Regulation to investigate a currency exchange business at least once in each year and to review and report on the cost of operation of the Currency Exchange Section. Establishes fee-setting provisions for the administration of the Act. Amends the Sales Finance Agency Act, the Consumer Installment Loan Act, and the Safety Deposit License Act. Makes changes to the authority of the Secretary and the Director of the Division of Financial Institutions to examine and investigate a business to determine if it is in compliance with those Acts. Establishes fee-setting provisions for the administration of those Acts. Amends the Debt Management Service Act, the Debt Settlement Consumer Protection Act, and the Payday Loan Reform Act. Establishes fee-setting provisions for the administration of those Acts. Makes other changes. Effective immediately.
Where it stands
Public Act . . . . . . . . . 104-0520
June 26, 2026
How did lawmakers vote?
House votes
3 recorded votes · each counted separately
Senate votes
1 recorded vote · each counted separately
SenateStage: Senate Third Reading · May 14, 2026
38
Yes
19
No
2
Absent or Not Voting
59 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Javier Cervantes | 1 | Yes |
| Omar Aquino | 2 | Yes |
| Mattie Hunter | 3 | Yes |
| Kimberly Lightford | 4 | Yes |
| Lakesia Collins | 5 | Yes |
| Sara Feigenholtz | 6 | Yes |
| Mike Simmons | 7 | Yes |
| Ram Villivalam | 8 | Yes |
| Laura Fine | 9 | Yes |
| Robert Martwick | 10 | Yes |
Bill history
Filed with the Clerk by Rep. Margaret Croke
First Reading
Referred to Rules Committee
Assigned to Financial Institutions and Licensing Committee
Do Pass / Short Debate Financial Institutions and Licensing Committee; 007-003-000
Placed on Calendar 2nd Reading - Short Debate
House Floor Amendment No. 1 Filed with Clerk by Rep. Margaret Croke
House Floor Amendment No. 1 Referred to Rules Committee
House Floor Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee
House Floor Amendment No. 1 Recommends Be Adopted Financial Institutions and Licensing Committee; 008-004-000
House Floor Amendment No. 1 Adopted
Second Reading - Short Debate
Placed on Calendar Order of 3rd Reading - Short Debate
Third Reading - Short Debate - Passed 070-036-000
Arrive in Senate
Placed on Calendar Order of First Reading April 14, 2026
Chief Senate Sponsor Sen. Mark L. Walker
First Reading
Referred to Assignments
Approved for Consideration Assignments
Placed on Calendar Order of 2nd Reading April 28, 2026
Second Reading
Placed on Calendar Order of 3rd Reading May 5, 2026
Third Reading - Passed; 038-019-000
Passed Both Houses
Sent to the Governor
Governor Approved
Effective Date June 26, 2026
Public Act . . . . . . . . . 104-0520
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