BILL · 2007–08 SESSION

HB 1020: Small loans

Regulating small loans.

Summary

Finds that consumers should be able to access loans at reasonable rates; no one should have to pay usurious interest rates. Paying the interest rates associated with payday loans can cause a borrower to need a loan to pay off their loan. By turning to payday loans again and again, the borrower can become trapped in a debt cycle.

From the Bill Digest (HB 1020), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to small loans;

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

Jan 14, 2008By resolution, reintroduced and retained in present status.
Jan 8, 2007First reading, referred to Insurance, Financial Service & Consumer Protection.
Dec 18, 2006Prefiled for introduction.

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

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HB 1020 (2019–20) County road admin. board · Enacted · Chapter 22, Laws of 2019
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HB 1020 (2015–16) Cannabis, medical use of · Did not pass · died in committee
HB 1020 (2013–14) Sex offenders, level III · Did not pass · died in committee
HB 1020 (2011–12) Earned release/fifty percent · Did not pass · died in committee