Hawaii House Bill 79 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 18 2019 - 25% progression, died in committee
Action: 2019-12-01 - Carried over to 2020 Regular Session.
Pending: House Consumer Protection & Commerce Committee
Text: Latest bill text (Introduced) [HTML]

Transitions from lump sum deferred deposit transactions to installment-based small dollar loan transactions. Specifies various consumer protection requirements for small dollar loans. Beginning 1/1/2020, requires licensure for small dollar lenders that offer small dollar loans to consumers. Specifies licensing requirements for small dollar lenders. Authorizes the division of financial institutions to appoint 2.0 FTE examiner positions, funded via the compliance resolution fund, to carry out the purposes of the small dollar installment loan program.

Relating To Consumer Protection.

Rep. Roy Takumi [D]

Rep. Linda Ichiyama [D]

Date	Chamber	Action
2019-12-01		Carried over to 2020 Regular Session.
2019-01-22	House	Referred to CPC, FIN, referral sheet 2
2019-01-18	House	Introduced and Pass First Reading.
2019-01-17	House	Pending introduction.

SB537 (Same As) 2020-06-22 - Received notice of all Senate conferees being discharged (Sen. Com. No. 535).
HB79 (Carry Over) 2019-01-22 - Referred to CPC, FIN, referral sheet 2

Type	Source
Summary	https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=HB&billnumber=79&year=2020
Text	https://www.capitol.hawaii.gov/session2020/bills/HB79_.HTM