| 15 | 15 | | An act relating to debt management services; amending 2 |
|---|
| 16 | 16 | | s. 817.802, F.S.; increasing the maximum fee that may 3 |
|---|
| 17 | 17 | | be charged for debt management services; providing an 4 |
|---|
| 18 | 18 | | effective date. 5 |
|---|
| 19 | 19 | | 6 |
|---|
| 20 | 20 | | Be It Enacted by the Legislature of the State of Florida: 7 |
|---|
| 21 | 21 | | 8 |
|---|
| 22 | 22 | | Section 1. Subsection (1) of section 817.802, Florida 9 |
|---|
| 23 | 23 | | Statutes, is amended to read: 10 |
|---|
| 24 | 24 | | 817.802 Unlawful fees and costs. — 11 |
|---|
| 25 | 25 | | (1) It is unlawful for any person, while engaging in debt 12 |
|---|
| 26 | 26 | | management services or credit counseling services, to charge or 13 |
|---|
| 27 | 27 | | accept from a debtor residing in this state, directly or 14 |
|---|
| 28 | 28 | | indirectly, a fee or contribution greater than $50 for the 15 |
|---|
| 29 | 29 | | initial setup or initial consultation. Subsequently, the person 16 |
|---|
| 30 | 30 | | may not charge or accept a fee or contribution from a debtor 17 |
|---|
| 31 | 31 | | residing in this state greater than $120 per year for additional 18 |
|---|
| 32 | 32 | | consultations or, alternatively, if debt management services as 19 |
|---|
| 33 | 33 | | defined in s. 817.801(4)(b) are provided, the person may charge 20 |
|---|
| 34 | 34 | | up to the lesser greater of 15 7.5 percent of the amount paid 21 |
|---|
| 35 | 35 | | monthly by the debtor to the person or $75 $35 per month. 22 |
|---|
| 36 | 36 | | Section 2. This act shall take effect July 1, 2023. 23 |
|---|