HI SB3076 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 24 2024 - 25% progression, died in committee
Action: 2024-01-26 - Referred to CPN, WAM.
Pending: Senate Commerce and Consumer Protection Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Focuses the law on its intended scope, installment lenders, and clarifies that the law is not intended to eliminate the ability of lenders to make low interest rate loans under the interest and usury law. Removes the term "consumer loan" to consistently use the defined term "installment loan" in the statute.

Tracking Information

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Title

Relating To Installment Loans.

Sponsors


History

DateChamberAction
2024-01-26SenateReferred to CPN, WAM.
2024-01-24SenatePassed First Reading.
2024-01-24SenateIntroduced.

Same As/Similar To

HB2387 (Same As) 2024-01-26 - Referred to CPC, FIN, referral sheet 3

Subjects


Hawaii State Sources


Bill Comments

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