SB3903Introduced in the Senate
FINANCIAL REG-FEES-INVESTIGATE
Introduced by Mark Walker, District 27
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
Rule 3-9(a) / Re-referred to Assignments
April 17, 2026
How did lawmakers vote?
SenateStage: Senate Financial Institutions Committee · March 25, 2026
8
Yes
0
No
1
Absent or Not Voting
9 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 |
|---|---|---|
| Robert Martwick | 10 | Not Voting |
| Laura Ellman | 21 | Yes |
| Seth Lewis | 24 | Yes |
| Mark Walker | 27 | Yes |
| Steve Stadelman | 34 | Yes |
| Patrick Joyce | 40 | Yes |
| Rachel Ventura | 43 | Yes |
| Chapin Rose | 51 | Yes |
| Jason Plummer | 55 | Yes |
Bill history
Filed with Secretary by Sen. Mark L. Walker
First Reading
Referred to Assignments
Assigned to Financial Institutions
Do Pass Financial Institutions; 007-000-000
Placed on Calendar Order of 2nd Reading March 5, 2026
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Mark L. Walker
Senate Floor Amendment No. 1 Referred to Assignments
Senate Floor Amendment No. 1 Assignments Refers to Financial Institutions
Senate Floor Amendment No. 1 Recommend Do Adopt Financial Institutions; 008-000-000
Second Reading
Senate Floor Amendment No. 1 Adopted; Walker
Placed on Calendar Order of 3rd Reading March 26, 2026
Rule 3-9(a) / Re-referred to Assignments
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