VA HB1093 | 2010 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 13 2010 - 25% progression, died in committee
Action: 2010-02-16 - House: Left in Commerce and Labor
Pending: House Commerce and Labor Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Open-end motor vehicle credit agreements; reporting requirements. Requires unlicensed lenders making revolving loans secured by a nonpurchase money lien on a motor vehicle, as a condition to making such loans, to provide the State Corporation Commission with information annually commencing March 1, 2011, regarding the lenders and such loans. The Commission is required to prepare reports summarizing the information and to submit the reports annually to the Governor and the General Assembly.

Tracking Information

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Title

Open-end loans; secured by a nonpurchase money lien on a motor vehicle, report.

Sponsors


History

DateChamberAction
2010-02-16 House: Left in Commerce and Labor
2010-01-13 House: Referred to Committee on Commerce and Labor
2010-01-13 House: Prefiled and ordered printed; offered 01/13/10 10101733D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
61330.78(n/a)See Bill Text

Virginia State Sources


Bill Comments

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