Friday, May 16, 2008
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Tracking Virginia’s General Assembly
since 2007.
HB189: Payday lending charges; power of localities to regulate.
Chief Patron
Del.
Bob Marshall (R-13)
Bob Marshall
(R-13)
Manassas, VA
Served: 1992–
Progress
 |
Introduced |
 |
Passed Committee |
 |
Passed House |
|
Passed Senate |
|
Signed by Governor |
|
Became Law |
Status
02/05/2008: Failed to Pass in Committee
Summary
Payday lending; power of localities to regulate. Authorizes each locality to establish (i) a maximum annual interest rate for payday loans made within its jurisdiction and (ii) the maximum number of payday loans that payday lenders operating within its jurisdiction may, in a calendar year, make to a borrower residing in the locality. References in the Payday Loan Act to the fee that may be charged on such loans are revised to refer to the interest that may be charged.
View Full Text »Video
Votes were cast on this bill on the following dates for which Richmond Sunlight has video: 02/05/2008.
Photosynthesis
This bill is being tracked by Al H., WHSV-TV, JWS, Liz S., Legal Aid Justice Center, Virginia F., Virginia Interfaith Center, Andrea S., Virginia Interfaith Center for Public Policy, Sharp Political Consulting, Vivian P., Ben T., Hober M., luna, Virginia Interfaith Center, M C., Timothy W., VCU School of Social Work, Americans for Prosperity and VA Muslim Coalition for Public Affairs.
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Status: signed by governor
Status: signed by governor
Status: Failed to Pass in Committee
Status: Failed to Pass in Committee
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