VA SB752 | 2011 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on November 17 2010 - 25% progression, died in chamber
Action: 2011-01-17 - Senate: Failed to report (defeated) in Commerce and Labor (4-Y 10-N)
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on November 17 2010 - 25% progression, died in chamber
Action: 2011-01-17 - Senate: Failed to report (defeated) in Commerce and Labor (4-Y 10-N)
Text: Latest bill text (Introduced) [HTML]
Summary
Payday loans; permitted interest. Repeals provisions of the Payday Loan Act that authorize lenders to charge a loan fee or verification fee, thereby limiting permissible charges on payday loans to simple interest at a maximum annual rate of 36 percent.
Title
Payday loans; permitted interest.
Sponsors
Roll Calls
2011-01-17 - Senate - Senate: Failed to report (defeated) in Commerce and Labor (4-Y 10-N) (Y: 4 N: 10 NV: 0 Abs: 0) [FAIL]
History
| Date | Chamber | Action |
|---|---|---|
| 2011-01-17 | Senate: Failed to report (defeated) in Commerce and Labor (4-Y 10-N) | |
| 2010-11-17 | Senate: Referred to Committee on Commerce and Labor | |
| 2010-11-17 | Senate: Prefiled and ordered printed; offered 01/12/11 11100437D |
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 6 | 2 | 1816 | (n/a) | See Bill Text |
| 6 | 2 | 1817 | (n/a) | See Bill Text |
| 6 | 2 | 1818 | (n/a) | See Bill Text |
