Thursday, July 24, 2008
The General Assembly is not in session.
Tracking Virginia’s General Assembly
since 2007.
SB670: Payday lending charges; establishes a maximum annual interest rate.
Chief Patron
Sen.
Don McEachin (D-9)
Don McEachin
(D-9)
Richmond, VA
Served: 2008–
Progress
 |
Introduced |
 |
Passed Committee |
 |
Passed House |
|
Passed Senate |
|
Signed by Governor |
|
Became Law |
Status
02/12/2008: Failed to Pass in Committee
Summary
Payday lending charges. Establishes a maximum annual interest rate for payday loans of 36 percent. 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: 01/10/2008, 01/23/2008, 01/23/2008, 02/06/2008, 02/06/2008 and 02/12/2008.
Identical Bills
The following bills are identical to this one: SB24
Introduced: 2007-12-12
Status: Failed to Pass in Committee
Poll Results
7 votes
Tags
Bill Text
Related Bills
Status: In Committee
Status: In Committee
Status: Passed the House
Status: Failed to Pass in Committee
Status: Passed the Senate
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Support the 36% movement. Check out www.virginiafairloans.org and www.faithfulpledge.org