BILL · 2005–06 SESSION

HB 2359: Makers of small loans

Penalizing unlicensed makers of small loans.

Summary

  • Requires a minimum 10 year ban from the check cashing and selling industry for any person involved with the making payday loans by an unlicensed entity.
  • Allows a lifetime ban from the check cashing and selling industry for any person involved with the making payday loans by an unlicensed entity.

From the House Bill Analysis (HB 2359), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 9, 2006
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Sherry Appleton (D-23)
Introduced
January 9, 2006 in the House
Last action
January 9, 2006
Budget
Has a fiscal note

AN ACT Relating to unlicensed makers of small loans;

Sponsors

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. First reading, referred to Financial Institutions & Insurance.
  2. Prefiled for introduction.

HB 2359 in other sessions

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

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