HB 1177: Deferred Presentment Transactions
GENERAL BILL by Watson, B.
Deferred Presentment Transactions; Provides maximum amount that may be charged per annum for interest, fees, or other charges in deferred presentment transaction; prohibits engaging in device or subterfuge in order to evade specified requirements; declares that deferred presentment transaction that does not comply with specified requirements is void; declares that deferred presentment transaction in which certain interest, fees, or other charges are charged is usurious.
Effective Date: 7/1/2016
Last Action: 3/11/2016 House - Died in Insurance and Banking Subcommittee
Bill Text: PDF
Last Action: 3/11/2016 House - Died in Insurance and Banking Subcommittee
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/7/2016 | House |
• Filed |
| 1/12/2016 | House |
• Introduced -HJ 99 |
| 1/13/2016 | House |
• Referred to Insurance and Banking Subcommittee; Civil Justice Subcommittee; Regulatory Affairs Committee -HJ 201 |
| 3/11/2016 | House |
• Died in Insurance and Banking Subcommittee |
