CONS LOANS-PROTECT-PROHIB-DISC
Summary
Amends the Consumer Installment Loan Act. Provides provisions concerning consumer protections, prohibited acts, required disclosures, and members of the military for loans under the Act with a finance charge exceeding an annual percentage rate of 36% for which the lender accepts any of the following as security for the loan: (1) one or more checks dated on the date written with an agreement to hold them for a period of days before deposit or presentment or one or more checks dated subsequent to the date written with an agreement to hold them for deposit; (2) one or more authorizations to debit a consumer's bank account; or (3) an interest in a consumer's wages, including, but not limited to, a wage assignment.
Bill status
failed
1 of 4 stages cleared
Introduction
Sep 2006
Committee Review
Floor Vote
Governor
Introduced Sep 21, 2006
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
2
Jan 9, 2007
House · Failed
Session Sine Die
Nov 2, 2006
House · Referred to committee
Assigned to Executive Committee
Nov 1, 2006
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Edward J. Acevedo
DDemocratic
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