Bill Title: Small loans and unsecured consumer installment loans. Authorizes a lender that is licensed by the department of financial institutions (department) to make small loans under the Uniform Consumer Credit Code (UCCC) to make unsecured consumer installment loans under the same license. Defines an "unsecured consumer installment loan" as a loan: (1) with a principal amount that is: (A) more than $605 and not more than $1,500; and (B) payable in three or more substantially equal periodic payments; and (2) in which the lender holds one or more checks of the borrower for a specific period, or receives the borrower's authorization

Spectrum: Partisan Bill (Republican 8-0)

Status: (Engrossed - Dead) 2018-02-01 - First reading: referred to Committee on Commerce and Technology [HB1319 Detail]

Text: Latest bill text (Amended) [PDF]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Representative Martin Carbaugh [R]	Primary	Sponsored Bills	HD-081	FollowTheMoney	Ballotpedia	VoteSmart
Representative Robert Morris [R]	Cosponsor	Sponsored Bills	HD-084	FollowTheMoney	Ballotpedia	VoteSmart
Representative Charles Burton [R]	Cosponsor	Sponsored Bills	HD-058	FollowTheMoney	Ballotpedia	VoteSmart
Representative Wendy McNamara [R]	Cosponsor	Sponsored Bills	HD-076	FollowTheMoney	Ballotpedia	VoteSmart
Representative Wendy McNamara [R]	Cosponsor	Sponsored Bills	HD-076	FollowTheMoney	Ballotpedia	VoteSmart
Senator Mark Messmer [R]	Primary	Sponsored Bills	SD-048	FollowTheMoney	Ballotpedia	VoteSmart
Senator Erin Houchin [R]	Primary	Sponsored Bills	SD-047	FollowTheMoney	Ballotpedia	VoteSmart
Senator Jeff Raatz [R]	Primary	Sponsored Bills	SD-027	FollowTheMoney	Ballotpedia	VoteSmart

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