2023 Regular SessionNevada Legislature

AB332: Revises provisions relating to student education loans. (BDR 55-162)

Legislative Summary

AN ACT relating to student education loans; providing for the licensing and regulation of student loan servicers by the Commissioner of Financial Institutions; requiring student loan servicers to pay certain assessments and fees; authorizing the Commissioner to participate in the Nationwide Multistate Licensing System and Registry with respect to the issuance and renewal of a license to engage in student loan servicing; authorizing the Commissioner to take certain actions relating to participation in the Registry; authorizing and requiring the Student Loan Ombudsman to perform certain acts; providing for the regulation of private education loans and private education lenders by the Commissioner; requiring the Commissioner to adopt certain regulations; authorizing the Commissioner to engage in certain activities relating to the monitoring of the market for the provision of student loan servicing and student education loans; providing a penalty; and providing other matters properly relating thereto.

Demographic Impact

Overall analysis of equity impact

70% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

3/17/2023
Read first time. Referred to Committee on Commerce and Labor. To printer.
Assembly
3/20/2023
From printer. To committee.
Assembly
3/30/2023
Notice of eligibility for exemption.
Assembly
4/24/2023
From committee: Amend, and do pass as amended.
Assembly
4/24/2023
Placed on Second Reading File.
Assembly
4/24/2023
Read second time. Amended. (Amend. No. 440.) To printer.
Assembly
4/25/2023
From printer. To engrossment. Engrossed. First reprint.
Assembly
4/25/2023
Taken from General File.
Assembly
4/25/2023
Rereferred to Committee on Ways and Means. Exemption effective. To committee.
Assembly
6/3/2023
From committee: Do pass, as amended.
Assembly
6/3/2023
Placed on General File.
Assembly
6/3/2023
Read third time. Passed, as amended. Title approved, as amended. (Yeas: 29, Nays: 13.) To Senate.
Assembly
6/3/2023
In Senate.
Senate
6/3/2023
Read first time. Referred to Committee on Finance. To committee.
Senate
6/4/2023
From committee: Do pass.
Senate
6/4/2023
Placed on Second Reading File.
Senate
6/4/2023
Read second time.
Senate
6/5/2023
Read third time. Passed. Title approved. (Yeas: 17, Nays: 4.) To Assembly.
Senate
6/5/2023
In Assembly. To enrollment.
Assembly
6/9/2023
Enrolled and delivered to Governor.
Assembly
6/14/2023
Approved by the Governor.
Assembly
6/14/2023
Chapter 466.
Assembly

Amendments

Assemebly Amendment 440

Assemebly Amendment 440

Adopted

Roll Call Votes

Senate Final Passage
6/5/2023
17
Yea
4
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Final Passage
6/5/2023
17
Yea
4
Nay
0
Not Voting
0
Absent
Result: PASSED
Assembly Final Passage
6/3/2023
29
Yea
13
Nay
0
Not Voting
0
Absent
Result: PASSED
Assembly Final Passage
6/3/2023
29
Yea
13
Nay
0
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Passed(6/14/2023)
Chamber
Assembly
Sine DiePrior Session

Documents

Introduced
Bill Text1/1/1970518.6 KB
Amended
Bill Text1/1/1970486.0 KB
Enrolled
Bill Text6/5/2023472.5 KB