CONSUMER SHORT-TERM LOANS
Summary
Amends the Consumer Installment Loan Act. Provides that, during the 30-day period beginning with the date the loan is commenced, a short-term lender may not impose fees of more than 25% of the principal amount of a short-term or title-secured loan.
Bill status
failed
1 of 4 stages cleared
Introduction
Jan 2005
Committee Review
Floor Vote
Governor
Introduced Jan 26, 2005
Last action Jan 9, 2007
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
0
Committee
3
Jan 9, 2007
House · Failed
Session Sine Die
Mar 10, 2005
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 2, 2005
House · Referred to committee
Assigned to Consumer Protection Committee
Jan 26, 2005
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Thomas Holbrook
DDemocratic
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