Open-end credit plans; caps amount of loan origination fee. (HB1442)
Introduced By
Del. Peter Farrell (R-Henrico)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Open-end credit plans; loan origination fee. Caps the amount of the origination fee that may be charged under an open-end credit plan to five percent of the initial maximum amount that may be borrowed under the credit plan. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 11/29/2016 | Committee |
| 11/29/2016 | Prefiled and ordered printed; offered 01/11/17 17101572D |
| 11/29/2016 | Referred to Committee on Commerce and Labor |
| 01/05/2017 | Impact statement from SCC (HB1442) |
| 01/20/2017 | Assigned C & L sub: Special Sub-Consumer Lending |
| 01/26/2017 | Subcommittee recommends laying on the table |
| 02/08/2017 | Left in Commerce and Labor |