BILL · 1997–98 SESSION

HB 2357: Pawnbroker interest and fees

Setting the rates of interest and other fees charged by pawnbrokers.

Summary

  • The amount of interest pawnbrokers are allowed by statute to charge is increased by 50 cents for amounts less than $100, and by 2 percent (from 3 percent to 5 percent) for each 30-day period for amounts over $100. The fees permitted by statute for the preparation of loan documents are increased by amounts varying from 50 cents to $5, depending upon the dollar value of the loan.

From the Senate Bill Report (HB 2357), written by the Legislature's nonpartisan staff. Read the full report ↗

Vetoed Vetoed by the Governor
  1. IntroducedJan 12, 1998
  2. Out of committee
  3. Passed HouseFeb 6, 1998
  4. Passed SenateMar 3, 1998
  5. Vetoedstopped here
  6. Law
Prime sponsor
Les Thomas (R-31)
Introduced
January 12, 1998 in the House
Last action
March 31, 1998
Companion bill
SB 6375

Sponsors

Votes

House · Final Passage

February 6, 1998
Version voted on: HB 2357
63 Yea 30 Nay 0 Absent 5 Excused
PartyYeaNayAbsentExcused
Democrat162302
Republican47703
How each member voted

Yea (63)

Senate · Final Passage

March 3, 1998
Version voted on: HB 2357
33 Yea 14 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat101300
Republican23102
How each member voted

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.

HB 2357 in other sessions

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

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