Louisiana 2014 Regular Session

Louisiana House Bill HB1179

Introduced
4/1/14  
Introduced
4/1/14  
Refer
4/2/14  

Caption

Provides relative to the hours of operation for repossession agents

Impact

The introduction of HB 1179 may significantly impact existing laws regarding repossession practices within Louisiana. By enforcing normal business hours, the bill seeks to impose restrictions on when repossession can occur, thus aiming to protect consumers from potential harassive practices that may arise during non-standard hours. This aligns with broader consumer protection efforts and may also help to establish a more regulated environment for repossession processes.

Summary

House Bill 1179 establishes a requirement for repossession agents in Louisiana to maintain regular business hours of operation. According to the bill, these agents must be available for repossession activities from 8:00 a.m. to 5:00 p.m., Monday through Friday, excluding legal holidays. This legislative move aims to create a standardized framework for the operational hours of repossession agents, promoting transparency in their interactions with consumers and providing a measure of protection for those affected by repossession activities.

Sentiment

The sentiment surrounding HB 1179 appears to be generally positive among consumer advocacy groups. Supporters of the bill have argued that it is a necessary step towards ensuring fair practices in repossession, thereby protecting the rights and well-being of consumers. However, there may also exist concerns from repossession agents and businesses about the constraints imposed on their operations, as this legislative mandate could affect their ability to conduct business outside of the specified hours.

Contention

Notable points of contention include the balance between consumer protection and the operational flexibility of repossession agencies. While the bill aims to prevent aggressive repossession tactics by limiting operational hours, some stakeholders may argue that such restrictions hinder their ability to respond promptly in urgent situations. The debate may highlight the complexities involved in legislating practices that involve sensitive consumer interactions and the nuances of enforcing such regulations effectively.

Companion Bills

No companion bills found.

Previously Filed As

LA HB659

Provides relative to rules and regulations governing towing companies

LA HCR3

Amends portion of law relative to repossession agency apprentices

LA HB445

Provides relative to notices of repossession

LA SB00509

An Act Regulating The Towing Of Motor Vehicles, The Use Of Wheel-locking Devices And The Repossession By Lending Institutions Of Motor Vehicles.

LA HB839

Provides with respect to the towing of motor vehicles

LA HB75

Provides relative to the taking of mullet for bait purposes

LA HCR1

Amends state police administrative rules pertaining to full time employment requirements for tow companies

LA HB1043

Prohibits towing and storage companies from charging gate fees

LA HB432

Establishes lane use requirements for certain motor vehicles on interstate highways

LA HB324

Provides for early voting on Sundays (OR +$699,828 GF EX See Note)

Similar Bills

No similar bills found.