BILL · 2007–08 SESSION

HB 2293: Minimum term for small loan

Establishing the minimum term of a small loan.

Summary

  • Establishes a minimum term of at least 24 days for a small loan.
  • Allows a borrower to repay a small loan in two equal payments.

From the House Bill Analysis 2007 (HB 2293), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 19, 2007
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Troy Kelley (D-28)
Introduced
February 19, 2007 in the House
Last action
January 14, 2008

AN ACT Relating to a minimum term of no more than thirty days for a small loan;

Sponsors

Prime sponsor: Troy Kelley (D-28)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Insurance, Financial Services & Consumer Protection.

HB 2293 in other sessions

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

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