Payday lending charges; establishes maximum annual interest rate. (HB1404)
Introduced By
Del. Dwight Jones (D-Richmond)
Progress
✓ |
Introduced |
☐ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Payday loans; interest cap. Limits the interest that may be charged on a payday loan to a maximum rate of 36 percent annually. Read the Bill »
Status
02/05/2008: Merged into HB12
History
| Date | Action |
|---|---|
| 01/10/2008 | Committee |
| 01/10/2008 | Presented and ordered printed 088241580 |
| 01/10/2008 | Referred to Committee on Commerce and Labor |
| 02/01/2008 | Impact statement from SCC (HB1404) |
| 02/05/2008 | Incorporated by Commerce and Labor (HB12-Oder) |