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Bill would bar classifying property managers as third‑party debt collectors pending appeal
House Economic Matters Committee · April 2, 2026
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Summary
SB589 seeks to clarify property managers are not third‑party debt collectors after a circuit court ruling; sponsor said the bill was amended to stay actions pending appellate outcome to reduce industry confusion and courtroom dismissals.
Senator Ben Kramer presented SB589, a bill clarifying that property managers are not third‑party debt collectors. He cited a recent circuit court decision and said the attorney general's office nonetheless was pursuing licensing that would require managers to obtain debt‑collector licenses and post bonds.…
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