BILL · 2011–12 SESSION

SB 5547: Small loans in twelve months

Removing the cap on the maximum number of small loans a borrower may have in a twelve-month period.

Summary

  • There is no limit on the number of small loans a borrower may receive in any 12-month period.

From the Senate Bill Report (SB 5547), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedJan 28, 2011
  2. Out of committeeFeb 17, 2011
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Margarita Prentice (D-11)
Introduced
January 28, 2011 in the Senate
Last action
April 11, 2012

AN ACT Relating to removing the cap on the maximum number of small loans a borrower may have in a twelve-month period;

Sponsors

Prime sponsor: Margarita Prentice (D-11)

2 co-sponsors (0 Democrats, 2 Republicans)

Votes

No recorded floor votes.

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. By resolution, reintroduced and retained in present status.
  5. By resolution, reintroduced and retained in present status.
  6. Senate Rules "X" file.
  7. Placed on second reading by Rules Committee.
  8. Made eligible to be placed on second reading.
  9. Minority; without recommendation.
  10. Minority; do not pass.
  11. FIHI - Majority; do pass.
  12. Passed to Rules Committee for second reading.
  13. First reading, referred to Financial Institutions, Housing & Insurance.

SB 5547 in other sessions

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

Report wrong or missing information on this page