Motor vehicle title loans; caps rate of interest that may be charged. (HB325)
Introduced By
Del. Harvey Morgan (R-Gloucester) with support from co-patron Del. David Toscano (D-Charlottesville)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Motor vehicle title loans. Caps the rate of interest that may be charged on loans secured by a motor vehicle title at 36% per year. Read the Bill »
Status
02/09/2006: Failed to Pass in Committee
History
Date | Action |
---|---|
01/04/2006 | Prefiled and ordered printed; offered 01/11/06 062628428 |
01/04/2006 | Referred to Committee on Transportation |
01/17/2006 | Referred from Transportation |
01/17/2006 | Referred to Committee on Commerce and Labor |
01/19/2006 | Assigned to Commerce and Labor sub-committee: Financial Institutions (Dudley) |
02/09/2006 | Continued to 2007 in Commerce and Labor |