HB 1817 Consumer finance loans; rate of interest.
C.E. Cliff Hayes, Jr. | all patrons    ...    notes
| add to my profiles

Summary as introduced:
Consumer finance loans; rate of interest. Increases, from $2,500 to $4,000, the threshold under which consumer finance loans are subject to a maximum interest rate of 36 percent per year. Under this measure, a licensed consumer finance lender may charge interest (i) of not more than 36 percent on loans of $4,000 or less and (ii) at such rate as is stated in the loan contract on loans of more than $4,000.

Full text:
01/09/17  House: Prefiled and ordered printed; offered 01/11/17 17102179D  pdf | impact statement

Status:
01/09/17  House: Prefiled and ordered printed; offered 01/11/17 17102179D
01/09/17  House: Referred to Committee on Commerce and Labor
01/17/17  House: Assigned C & L sub: Special Sub-Consumer Lending
01/26/17  House: Subcommittee recommends laying on the table by voice vote
02/08/17  House: Left in Commerce and Labor