Relating to deferred presentment transactions; to amend Section 5-18A-13, Code of Alabama 1975, to require the term of a deferred presentment transaction to be a minimum of 30 calendar days.
Summary
Payday loans, impose minimum 30-day term for transactions
Bill status
introduced
1 of 4 stages cleared
Introduction
May 2023
Committee Review
Floor Vote
Governor
Introduced May 9, 2023
Last action May 9, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
0
May 9, 2023
Introduced
Introduced and Referred (Financial Services )
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Phillip Ensler
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 452
Scope: AL
Hi! I can help you understand HB 452. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline