HB324: Tax refund anticipation loans; requires persons who facilitate to display their fees and info.
Chief Patron
Del.
Harvey Morgan (R-98)
Harvey Morgan
(R-98)
Gloucester, VA
Served: 1980–
Progress
 |
Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Status
03/31/2006: signed by governor
View Entire History
- 01/04/2006 Prefiled and ordered printed; offered 01/11/06 062672428
- 01/04/2006 Referred to Committee on Commerce and Labor
- 01/10/2006 Fiscal impact statement from SCC (HB324)
- 01/18/2006 Assigned to Commerce and Labor sub-committee: Financial Institutions (Dudley)
- 02/07/2006 Reported from Commerce and Labor with substitute (22-Y 0-N)
- 02/08/2006 Committee substitute printed 062747428-H1
- 02/09/2006 Read first time
- 02/10/2006 Read second time
- 02/10/2006 Committee substitute agreed to 062747428-H1
- 02/10/2006 Engrossed by House - committee substitute HB324H1
- 02/13/2006 Read third time and passed House BLOCK VOTE (99-Y 0-N)
- 02/13/2006 VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
- 02/13/2006 Communicated to Senate
- 02/14/2006 Constitutional reading dispensed
- 02/15/2006 Fiscal impact statement from SCC (HB324H1)
- 02/27/2006 Reported from Commerce and Labor (14-Y 0-N)
- 03/01/2006 Constitutional reading dispensed (39-Y 0-N)
- 03/01/2006 VOTE: (39-Y 0-N)
- 03/01/2006 Motion to reconsider pass by for the day agreed to (40-Y 0-N)
- 03/01/2006 Passed by for the day (40-Y 0-N)
- 03/01/2006 VOTE: (40-Y 0-N)
- 03/02/2006 Read third time
- 03/02/2006 Passed Senate (39-Y 0-N)
- 03/02/2006 VOTE: (39-Y 0-N)
- 03/09/2006 Bill text as passed House and Senate (HB324ER)
- 03/09/2006 Enrolled
- 03/09/2006 Signed by President
- 03/10/2006 Signed by Speaker
- 03/14/2006 Fiscal impact statement from SCC (HB324ER)
- 03/31/2006 G Approved by Governor-Chapter 399 (effective 1/1/07)
- 04/06/2006 G Acts of Assembly Chapter text (CHAP0399)
Summary
Tax refund anticipation loans. Requires persons who
facilitate tax refund anticipation loans to post their fees and related information
and to provide a disclosure form. Borrowers are allowed to rescind such loans
before the close of the next day of business following the date of the loan.
Facilitators are prohibited from requiring customers to enter into a loan
arrangement. Violations are prohibited practices under the Virginia Consumer
Protection Act. View Full Text »
Poll Results
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Thursday, July 24, 2008