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2020 SESSION

• | print version

HJ 112 Motor vehicle title loans; Bureau of Financial Institutions to study interest rates.

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 first day of the 2021 Regular Session of the General Assembly.

FULL TEXT

• 01/08/20  House: Prefiled and ordered printed; offered 01/08/20 20102151D  pdf

HISTORY

• 01/08/20  House: Prefiled and ordered printed; offered 01/08/20 20102151D
• 01/08/20  House: Referred to Committee on Rules
• 01/27/20  House: Assigned Rules sub: Studies
• 02/03/20  House: Subcommittee recommends striking from docket (4-Y 0-N)
• 02/11/20  House: Left in Rules