SB 2112 Hawaii Senate · 2024 Regular Session

RELATING TO INSTALLMENT LOANS.

Summary

Amends the definition of "installment lender" to clarify that the law is not intended to eliminate the ability of lenders to make low interest rate loans under the interest and usury law. Effective 7/1/3000. (HD1)

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2024

Committee Review

Mar 2024

Senate Passage

Mar 2024

House Passage

Governor

Introduced Jan 16, 2024 Last action Mar 15, 2024

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 15, 2024

Committee

Reported from CPC (Stand. Com. Rep. No. 1129-24) as amended in HD 1, recommending passage on Second Reading and referral to FIN.

lower

Mar 12, 2024

Lower · Passed

The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Nakashima, Sayama, Amato, Hashem, Lowen, Onishi, Tam, Pierick; Ayes with reservations: none; Noes: none; and 3 Excused: Representative(s) Belatti, Hussey-Burdick, Gates.

lower

Mar 7, 2024

Committee

Referred to CPC, FIN, referral sheet 16

lower

Mar 1, 2024

Introduced

Received from Senate (Sen. Com. No. 30).

lower

Mar 1, 2024

Upper · Passed

Passed Third Reading. Ayes, 24; Aye(s) with reservations: none. Noes, 0 (none). Excused, 1 (Senator(s) Shimabukuro). Transmitted to House.

upper

Feb 20, 2024

Upper · Passed

The committee(s) on CPN recommend(s) that the measure be PASSED, UNAMENDED. The votes in CPN were as follows: 5 Aye(s): Senator(s) Keohokalole, Fukunaga, McKelvey, Richards, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

upper

Feb 16, 2024

Upper · Passed

The committee(s) on CPN will hold a public decision making on 02-20-24 9:15AM; Conference Room 229 & Videoconference.

upper

Feb 7, 2024

Upper · Passed

The committee(s) on CPN has scheduled a public hearing on 02-16-24 9:30AM; Conference Room 229 & Videoconference.

upper

Jan 18, 2024

Committee

Referred to CPN.

upper

Jan 17, 2024

Introduced

Introduced and passed First Reading.

upper

Jan 16, 2024

Introduced

Pending Introduction.

upper

6 primary · 3 co-sponsors