BILL · 2011–12 SESSION
HB 1918: Small loan interest rate
Imposing a maximum interest rate of thirty-six percent per annum on small loans.
Summary
- Allows a check casher or check seller that has obtained the required small loan endorsement to charge interest or fees for small loans not to exceed in the aggregate thirty-six percent per annum.
From the Bill Digest (HB 1918), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedFeb 10, 2011
- Out of committeestopped here
- Passed House
- Passed Senate
- Governor
- Law
- Prime sponsor
- Sherry Appleton (D-23)
- Introduced
- February 10, 2011 in the House
- Last action
- April 11, 2012
- Companion bill
- SB 5602
AN ACT Relating to imposing a maximum interest rate of thirty-six percent per annum on small loans;
Sponsors
Prime sponsor: Sherry Appleton (D-23)
3 co-sponsors (3 Democrats, 0 Republicans)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status.
- First reading, referred to Business & Financial Services.
HB 1918 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 1918 (2025–26) Supreme court districts
- HB 1918 (2023–24) Payday lending
- HB 1918 (2021–22) Power equipment emissions
- HB 1918 (2019–20) Community preservation auth.
- HB 1918 (2017–18) Groundwater treatment
- HB 1918 (2015–16) ORV's, etc., & their drivers
- HB 1918 (2013–14) Solid fuel burning devices
- HB 1918 (2009–10) Physical therapy