2018 House Bill 6448

Impose licensure, fees, regulations on some student loan servicers

Introduced in the House

Oct. 17, 2018

Introduced by Rep. Henry Yanez (D-25)

To impose licensure on entities that service student loans (administer or collect on them), including detailed regulations and nonrefundable license application and background check fees totaling $1,800. Banks and other financial institutions would be exempt.

Referred to the Committee on Appropriations