BILL · 2007–08 SESSION

HB 3284: Small loan interest

Limiting the interest on a small loan to thirty-six percent per annum.

Summary

  • Provides a licensee that has obtained the required small loan endorsement may charge interest or fees for small loans not to exceed in the aggregate thirty-six percent per annum.

From the Bill Digest (HB 3284), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 29, 2008
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Sherry Appleton (D-23)
Introduced
January 29, 2008 in the House
Last action
January 29, 2008

AN ACT Relating to limiting the interest on a small loan to thirty-six percent per annum;

Sponsors

Votes

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

History

  1. First reading, referred to Insurance, Financial Services & Consumer Protection.

HB 3284 in other sessions

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

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