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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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
House	House - Third reading	2018-01-31	53	41	1	5	100	Passed	Link	View
House	House - Committee Vote	2018-01-24	8	5	0	0	13	Passed	Link	View

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