CS/HB 275: Consumer Finance Charges
GENERAL BILL by Insurance and Banking Subcommittee ; Burgin
Consumer Finance Charges; Increases proportionate loan amounts subject to descending maximum rates of interest; increases maximum delinquency charge that may be imposed for each loan payment in default for not less than specified time; revises maximum amount lender may impose as service charge on borrower who gives lender bad check in full or partial payment of loan; reenacts & revises provisions relating to penalties; provides application.
Effective Date: July 1, 2012, and shall apply to all consumer finance loans entered into on or after that date
Last Action: 3/9/2012 House - Died in Economic Affairs Committee
Bill Text: Web Page | PDF
Last Action: 3/9/2012 House - Died in Economic Affairs Committee
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 10/5/2011 | House |
• Filed |
| 10/17/2011 | House |
• Referred to Insurance and Banking Subcommittee; Economic Affairs Committee -HJ 28 |
| 11/9/2011 | House |
• On Committee agenda-- Insurance and Banking Subcommittee, 11/16/11, 8:00 am, 404 HOB |
| 11/16/2011 | House |
• CS by Insurance and Banking Subcommittee; YEAS 9 NAYS 6 -HJ 174 |
| 11/21/2011 | House |
• Pending review of CS under Rule 7.19(c) |
| 11/22/2011 | House |
• Now in Economic Affairs Committee -HJ 169 |
| 1/10/2012 | House |
• Introduced -HJ 28 • CS by Insurance and Banking Subcommittee read 1st time -HJ 163 |
| 3/9/2012 | House |
• Died in Economic Affairs Committee |
