On May 28, Louisiana Governor Bobby Jindal signed SB 241, which expands the information and data the Commissioner of Financial Institutions can collect from licensed non-mortgage consumer lenders. Effective August 1, 2014, the Commissioner is authorized to collect from all such licensees information concerning the operation, function, and extent of all consumer loan activities, including: (i) the total number and dollar amount of consumer loans originated; (ii) the total number and dollar amount of consumer loans outstanding; (iii) the aggregate amount of fees earned including interest, service charges, late fees, origination fees, documentation fees, and insufficient funds fees; (iv) the total number of consumer loans in default or collection status and the balance of those loans as of the reporting date; and (v) the total number of consumer loans reduced to judgment and the principal amount of those judgments. Licensed companies will be required to report this information by March 1 of each year for the prior calendar year.