VA SB945 | 2015 | Regular Session

Virginia Senate Bill 945 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 9 2015 - 25% progression, died in chamber
Action: 2015-01-19 - Failed to report (defeated) in Commerce and Labor (2-Y 11-N 1-A)
Text: Latest bill text (Prefiled) [HTML]

Summary

Payday loans; permitted interest. Removes 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 interest at a maximum annual rate of 36 percent.

Title

Payday loans; permitted interest.

Roll Calls

2015-01-19 - Senate - Senate: Failed to report (defeated) in Commerce and Labor (2-Y 11-N 1-A) (Y: 2 N: 11 NV: 0 Abs: 1) [FAIL]

History

Date	Chamber	Action
2015-01-19	Senate	Failed to report (defeated) in Commerce and Labor (2-Y 11-N 1-A)
2015-01-09	Senate	Referred to Committee on Commerce and Labor
2015-01-09	Senate	Prefiled and ordered printed; offered 01/14/15 15101188D

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

Virginia State Sources

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?151+sum+SB945
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+SB945+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?151+vot+S02V0016+SB0945