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2016 SESSION

• | print version

HJ 149 Motor vehicle title loans; Bureau of Financial Inst of State Corporation Commission to study.

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

SUMMARY AS INTRODUCED:

Study; reasonableness of interest rates on motor vehicle title loans; report. Requests the Bureau of Financial Institutions of the State Corporation Commission to study the reasonableness of interest rates on motor vehicle title loans, including the profitability of such loans and how such rates and profit levels compare with those for alternative types of loans. The Bureau is directed to report its findings to the Governor and the General Assembly by the 2017 Regular Session of the General Assembly.

FULL TEXT

• 01/13/16  House: Prefiled and ordered printed; offered 01/13/16 16101587D  pdf

HISTORY

• 01/13/16  House: Prefiled and ordered printed; offered 01/13/16 16101587D
• 01/13/16  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