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2016 SESSION

• | print version

HB 1324 Loans; maximum amount of interest and fees permitted.

Introduced by: Lamont Bagby | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Maximum interest and fees on loans. Caps the amount of fees and interest that a lender may collect on a payday loan, car title loan, open-end credit plan loan, and consumer finance loan at 500 percent of the principal loan amount.

FULL TEXT

• 01/21/16  House: Presented and ordered printed 16104095D  pdf | impact statement

HISTORY

• 01/21/16  House: Presented and ordered printed 16104095D
• 01/21/16  House: Referred to Committee on Commerce and Labor
• 01/26/16  House: Assigned C & L sub: Special Sub-Consumer Lending
• 02/04/16  House: Subcommittee recommends laying on the table (7-Y 0-N)
• 02/16/16  House: Left in Commerce and Labor