RELATING TO THE HAWAII CREDIT CREATION PILOT PROGRAM.
Summary
Establishes the Hawaii credit creation pilot program, within the department of commerce and consumer affairs division of financial institutions, to increase the availability of responsible small dollar consumer loans of at least $600 and up to $5,000. Specifies requirements of the program, including application requirements, interest rates, use of referral partners, and fees. Requires annual status reports to the legislature and a recommendation regarding continuation of the pilot program. Repeals on June 30, 2022.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2017
Committee Review
Floor Vote
Governor
Introduced Jan 24, 2017
Last action Jan 30, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Jan 30, 2017
Legislature · Referred to committee
Referred to IAC, CPC, FIN, referral sheet 6
Jan 24, 2017
Legislature · Introduced
Pending introduction.
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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