INSTALLMENT SALE NO INTEREST
Summary
Amends the Installment Sales Contract Act. Excludes from the scope of the term "installment sales contract" a financing arrangement for the transfer of residential real estate that for religious or cultural reasons does not allow for the imposition or collection of interest. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2018
Committee Review
Floor Vote
Governor
Introduced Feb 15, 2018
Last action Jan 8, 2019
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
1
Committee
4
Apr 13, 2018
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 7, 2018
Lower · Passed
To Commercial Law Subcommittee
lower
Feb 26, 2018
Committee
Assigned to Judiciary - Civil Committee
lower
Feb 16, 2018
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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