VA HB189 | 2008 | Regular Session
Status
Spectrum: Unknown
Status: Introduced on December 26 2007 - 25% progression, died in chamber
Action: 2008-02-05 - House: Tabled in Commerce and Labor by voice vote
Status: Introduced on December 26 2007 - 25% progression, died in chamber
Action: 2008-02-05 - House: Tabled in Commerce and Labor by voice vote
Summary
Payday lending; power of localities to regulate. Authorizes each locality to establish (i) a maximum annual interest rate for payday loans made within its jurisdiction and (ii) the maximum number of payday loans that payday lenders operating within its jurisdiction may, in a calendar year, make to a borrower residing in the locality. References in the Payday Loan Act to the fee that may be charged on such loans are revised to refer to the interest that may be charged.
Title
Payday lending charges; power of localities to regulate.
Sponsors
| No sponsor information available at this time. |
History
| Date | Chamber | Action |
|---|---|---|
| 2008-02-05 | House: Tabled in Commerce and Labor by voice vote | |
| 2007-12-26 | House: Referred to Committee on Commerce and Labor | |
| 2007-12-26 | House: Prefiled and ordered printed; offered 01/09/08 083008616 |
Subjects
Virginia State Sources
| Type | Source |
|---|---|
| Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?081+sum+HB189 |
