AN ACT RELATING TO FINANCIAL INSTITUTIONS -- PAYDAY LOANS (Caps the APR for payday loans at 28%. Requires 90 day maturity date. Prohibits fees/interest payments in excess of 60% of principal. Requires monthly payments of no more than 25% of original principal amount.)
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2020
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2020
Last action Jan 9, 2020
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Jan 9, 2020
Introduced
01/09/2020 Introduced, referred to House Finance
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Raymond Hull
DDemocratic
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