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2012 SESSION
HB 725 Motor vehicle title loans, payday loans, and open-end credit plans; caps interest rate.
Introduced by: David E. Yancey | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Motor vehicle title loans, payday loans, and open-end credit plans; interest rate. Caps the rate of interest that may be charged on motor vehicle title loans, payday loans, and open-end credit plans at 36 percent per year.
FULL TEXT
HISTORY
- 01/11/12 House: Prefiled and ordered printed; offered 01/11/12 12101126D
- 01/11/12 House: Referred to Committee on Commerce and Labor
- 02/02/12 House: Assigned C & L sub: #1
- 02/07/12 House: Subcommittee recommends no action by voice vote
- 02/14/12 House: Left in Commerce and Labor (0-Y 0-N)