2026 Regular Session
SB881
Financial Institutions and Activities - Licensing Requirements and Regulation of Commercial Financing
Regulating commercial financing transactions, including by establishing requirements related to certain disclosures, calculations of annual percentage rates, terms of repayments, and other related items, and the extension of specific offers; providing that the revocation, suspension, surrender, or other termination of a certain license does not relieve a person of the obligation to pay certain assessments imposed by the Commissioner of Financial Regulation; etc.
Legislative progress
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This summary includes only completed milestones supported by recorded actions. It does not predict the next step, and it preserves later committee reassignments, concurrence, conference, veto, and approval actions when they occur.
Recorded floor votes
1 roll call are available for this bill. This record includes procedural and intermediate action as well as substantive final votes.
March 20, 2026 · Senate
Third Reading Passed
Passed ⭐ Substantive final action
42 yea–0 nay · 1 not voting · 4 absent
Committee referrals
March 21, 2026 · House
Economic Matters
February 6, 2026 · Senate
Finance
Instrument history
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This is the complete recorded action history in the current source package. Highlighted entries are marked as significant by the source. A roll-call link appears only when a vote-like action has one unambiguous same-day chamber vote.
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House Hearing 3/31 at 1:00 p.m.
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House Referred Economic Matters
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Senate Third Reading Passed (42-0) View roll call
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Senate Second Reading Passed with Amendments
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Senate Favorable with Amendments {803427/1 Adopted
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Senate Favorable with Amendments Report by Finance
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Senate Hearing 2/27 at 1:00 p.m.
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Senate First Reading Finance