HLS 15RS-1075 ORIGINAL
2015 Regular Session
HOUSE BILL NO. 317
BY REPRESENTATIVE PONTI
FINANCIAL INSTITUTIONS: Provides relative to licensing fees for lenders licensed to
make consumer loans
1 AN ACT
2To amend and reenact R.S. 9:3561.1(A) and (B), relative to licensing fees applicable to
3 lenders licensed to make consumer loans; to increase the initial application, survey,
4 and license fee applicable to lenders licensed to make consumer loans; to increase
5 the annual renewal fee for lenders licensed to make consumer loans; and to provide
6 for related matters.
7Be it enacted by the Legislature of Louisiana:
8 Section 1. R.S. 9:3561.1(A) and (B) are hereby amended to read as follows:
9 ยง3561.1. License; examination; renewal fees; records
10 A. The initial application, survey, and license fee for a license to make
11 consumer loans shall be five six hundred fifty dollars payable in a form acceptable
12 to the commissioner when the application is filed. Such application, survey, and
13 license fee shall be nonrefundable. If the license is not issued for any reason, upon
14 written request of the applicant, the fee shall be applied to the submission of a new
15 application.
16 B. The annual renewal fee, including examination, shall be four five hundred
17 fifty dollars, payable on or before December thirty-first of each year.
18 * * *
Page 1 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HLS 15RS-1075 ORIGINAL
HB NO. 317
DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part
of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HB 317 Original 2015 Regular Session Ponti
Abstract: Increases the initial application, survey, and license fee and the annual renewal
fee for lenders licensed to make consumer loans.
Present law requires lenders licensed to make consumer loans to pay an initial application,
survey, and license fee of $550. Proposed law increases the fee to $650.
Present law requires lenders licensed to make consumer loans to pay an annual renewal fee
of $450. Proposed law increases the fee to $500.
(Amends R.S. 9:3561.1(A) and (B))
Page 2 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.