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2016 SESSION
HB 634 Payday loan offices and motor vehicle title loan offices; distance from military installation.
Introduced by: John J. Bell | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Payday loan offices and motor vehicle titleloan offices; distance from military installation. Prohibits the State Corporation Commission (SCC) from issuing a license for the operation of a payday lending office or motor vehicle title lending office if such office is within five miles of a military installation. The measure includes limitations on the SCC's authority to revoke or suspend an existing license when a violation of the five-mile provision exists on July 1, 2016, or when a violation would be created by the opening of a military installation after a license was issued.
FULL TEXT
HISTORY
- 01/11/16 House: Prefiled and ordered printed; offered 01/13/16 16102668D
- 01/11/16 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