BILL · 2005–06 SESSION

SB 6737: Military borrowers

Modifying the laws regarding collection of small loan debt from military borrowers.

Summary

  • Pay day lenders shall not threaten to contact a military borrower's chain of command, either verbally or in writing. The definition of "military borrower" is expanded to include the spouse of an active duty member, national guard or reserve member called to active duty.

From the Senate Bill Report (SB 6737), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 19, 2006
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Darlene Fairley (D-32)
Introduced
January 19, 2006 in the Senate
Last action
January 19, 2006

AN ACT Relating to military borrowers;

Sponsors

Prime sponsor: Darlene Fairley (D-32)

4 co-sponsors (3 Democrats, 1 Republican)

Votes

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

History

  1. First reading, referred to Financial Institutions, Housing & Consumer Protection.

SB 6737 in other sessions

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

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