BILL · 2007–08 SESSION

HB 1270: Consumer loan act

Modifying provisions of the consumer loan act with respect to loan restrictions.

Summary

  • Removes the maximum repayment time cap on certain loans under the Consumer Loan Act.

From the House Bill Report (HB 1270), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 208, Laws of 2007
  1. IntroducedJan 16, 2007
  2. Out of committeeFeb 8, 2007
  3. Passed HouseFeb 28, 2007
  4. Passed SenateApr 12, 2007
  5. GovernorApr 27, 2007
  6. LawApr 27, 2007
Prime sponsor
Steve Kirby (D-29)
Introduced
January 16, 2007 in the House
Last action
April 27, 2007
Session law
Chapter 208, Laws of 2007

AN ACT Relating to the duration period of loans made under the consumer loan act;

Sponsors

Prime sponsor: Steve Kirby (D-29)

2 co-sponsors (1 Democrat, 1 Republican)

Votes

House · Final Passage

Passed February 28, 2007
Version voted on: HB 1270
96 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat62001
Republican34001
How each member voted

Yea (96)

Excused (2)

Senate · 3rd Reading & Final Passage

Passed April 12, 2007
Version voted on: HB 1270
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat32000
Republican16001
How each member voted

History

  1. Governor signed.
  2. Effective date 7/22/2007.
  3. Chapter 208, 2007 Laws.
  4. Delivered to Governor.
  5. President signed.
  6. Speaker signed.
  7. Third reading, passed; yeas, 48; nays, 0; absent, 0; excused, 1.
  8. Rules suspended. Placed on Third Reading.
  9. Placed on second reading by Rules Committee.
  10. Made eligible to be placed on second reading.
  11. FI - Majority; do pass.
  12. Passed to Rules Committee for second reading.
  13. First reading, referred to Financial Institutions & Insurance.
  14. Third reading, passed; yeas, 96; nays, 0; absent, 0; excused, 2.
  15. Rules suspended. Placed on Third Reading.
  16. Placed on second reading by Rules Committee.
  17. Passed to Rules Committee for second reading.
  18. IFCP - Executive action taken by committee.
  19. IFCP - Majority; do pass.
  20. First reading, referred to Insurance, Financial Service & Consumer Protection.

HB 1270 in other sessions

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

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