BILL · 1995–96 SESSION · LATEST VERSION SSB 6393

SB 6393: Consumer loan penalties

Authorizing the collection of fees and prepayment penalties for consumer loans.

Summary

  • The loan origination fee limitation is removed for real estate loans made by consumer loan companies. Substitute Bill Compared to Original Bill: The substitute bill eliminates the authorization to charge prepayment penalties in the original bill, and removes the loan origination fee limitation for real estate loans.

From the Senate Bill Report (SB 6393), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedJan 15, 1996
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Margarita Prentice (D-11)
Introduced
January 15, 1996 in the Senate
Last action
February 21, 1996
Companion bill
HB 2690
Versions
SB 6393, SSB 6393

Sponsors

Prime sponsor: Margarita Prentice (D-11)

5 co-sponsors (2 Democrats, 3 Republicans)

Votes

No recorded floor votes.

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 6393 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

Report wrong or missing information on this page