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2007 SESSION

• | print version

HB 2819 Payday Loan Act; notice of alternative lenders.

Introduced by: Mark D. Sickles | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Payday loans; notice of alternative lenders.  Requires licensed payday lenders to place a signboard at each licensed payday lending location on which not-for-profit charitable organizations that are willing to make unsecured loans of up to $500 may post a notice advising persons about their alternative to payday loans. In addition, licensed payday lenders are required to allow financial institutions to place brochures or pamphlets regarding alternative loan programs within payday lending locations.

FULL TEXT

• 01/10/07  House: Prefiled and ordered printed; offered 01/10/07 070214510  pdf | impact statement

AMENDMENTS

• House amendments

HISTORY

• 01/10/07  House: Prefiled and ordered printed; offered 01/10/07 070214510
• 01/10/07  House: Referred to Committee on Commerce and Labor
• 01/23/07  House: Assigned C & L sub: Financial Institutions (Dudley)
• 01/30/07  House: Reported from Commerce and Labor with amendment (21-Y 1-N)
• 02/01/07  House: Read first time
• 02/02/07  House: Passed by for the day
• 02/03/07  House: Read second time
• 02/03/07  House: Committee amendment agreed to
• 02/03/07  House: Engrossment refused by House