BILL · 2013–14 SESSION

HB 1363: Small loan interest rate

Imposing a maximum interest rate of thirty-six percent per annum on small loans.

Summary

  • Changes the interest rate on small loans to a maximum of thirty-six percent per annum.

From the Bill Digest (HB 1363), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 24, 2013
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Sherry Appleton (D-23)
Introduced
January 24, 2013 in the House
Last action
January 13, 2014

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

  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. First reading, referred to Business & Financial Services.

HB 1363 in other sessions

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

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