SEARCH SITE
VIRGINIA LAW PORTAL
- Code of Virginia
- Virginia Administrative Code
- Constitution of Virginia
- Charters
- Authorities
- Compacts
- Uncodified Acts
- RIS Users (account required)
SEARCHABLE DATABASES
- Bills & Resolutions
session legislation - Bill Summaries
session summaries - Reports to the General Assembly
House and Senate documents - Legislative Liaisons
State agency contacts
ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
- Summaries: Since 1994
Developed and maintained by the Division of Legislative Automated Systems.
2009 SESSION
SB 1470 Payday lenders; prohibits any person licensed under Payday Loan Act from making open end loan.
Introduced by: Richard L. Saslaw | all patrons ... notes | add to my profiles
SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION: (all summaries)
Open-end loans by payday lenders. Prohibits licensed payday lenders from extending credit under open-end credit plans. Third parties are prohibited from making such loans at a payday lender's place of business. The prohibition does not apply to such loans if secured by a lien on a motor vehicle title. If a licensed payday lender relinquishes its license and then makes open-end loans, it may not be re-licensed to make payday loans for a period of 10 years. The measure is emergency legislation that will take effect upon passage. HB 1709 is identical.
FULL TEXT
- 01/21/09 Senate: Presented and ordered printed 090116324 pdf
- 01/27/09 Senate: Committee substitute printed 090170324-S1 pdf
- 02/19/09 House: Committee substitute printed 090242324-H1 pdf
- 03/09/09 Senate: Bill text as passed Senate and House (SB1470ER) pdf | impact statement
- 04/08/09 Senate: Reenrolled bill text (SB1470ER2) pdf
- 04/08/09 Governor: Acts of Assembly Chapter text (CHAP0860) pdf
AMENDMENTS
HISTORY
- 01/21/09 Senate: Presented and ordered printed 090116324
- 01/21/09 Senate: Referred to Committee on Commerce and Labor
- 01/26/09 Senate: Reported from Commerce and Labor with substitute (13-Y 1-N)
- 01/27/09 Senate: Committee substitute printed 090170324-S1
- 01/28/09 Senate: Constitutional reading dispensed (40-Y 0-N)
- 01/29/09 Senate: Read second time
- 01/29/09 Senate: Reading of substitute waived
- 01/29/09 Senate: Committee substitute agreed to 090170324-S1
- 01/29/09 Senate: Engrossed by Senate - committee substitute SB1470S1
- 01/30/09 Senate: Read third time and passed Senate (37-Y 1-N)
- 01/30/09 Senate: Reconsideration of passage agreed to by Senate (39-Y 0-N)
- 01/30/09 Senate: Passed Senate (39-Y 0-N)
- 02/13/09 House: Placed on Calendar
- 02/13/09 House: Read first time
- 02/13/09 House: Referred to Committee on Commerce and Labor
- 02/19/09 House: Reported from Commerce and Labor with substitute (22-Y 0-N)
- 02/19/09 House: Committee substitute printed 090242324-H1
- 02/23/09 House: Read second time
- 02/24/09 House: Read third time
- 02/24/09 House: Committee substitute agreed to 090242324-H1
- 02/24/09 House: Engrossed by House - committee substitute SB1470H1
- 02/24/09 House: Passed House with substitute (98-Y 0-N 1-A)
- 02/24/09 House: VOTE: --- PASSAGE (98-Y 0-N 1-A)
- 02/25/09 Senate: House substitute agreed to by Senate (37-Y 0-N)
- 02/25/09 Senate: Title replaced 090242324-H1
- 03/09/09 Senate: Enrolled
- 03/09/09 Senate: Bill text as passed Senate and House (SB1470ER)
- 03/10/09 Senate: Signed by President
- 03/11/09 House: Signed by Speaker
- 03/30/09 Senate: Governor's recommendation received by Senate
- 04/07/09 Senate: Placed on Calendar
- 04/08/09 Senate: Senate concurred in Governor's recommendation (40-Y 0-N)
- 04/08/09 House: House concurred in Governor's recommendation (99-Y 0-N)
- 04/08/09 House: VOTE: --- ADOPTION (99-Y 0-N)
- 04/08/09 Governor: Emergency clause added by Governor's recommendation
- 04/08/09 Governor: Governor's recommendation adopted
- 04/08/09 Senate: Reenrolled
- 04/08/09 Senate: Reenrolled bill text (SB1470ER2)
- 04/08/09 Senate: Signed by President as reenrolled
- 04/08/09 House: Signed by Speaker as reenrolled
- 04/08/09 House: Enacted, Chapter 860 (effective 4/8/09)
- 04/08/09 Governor: Acts of Assembly Chapter text (CHAP0860)