HI HB2387 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 24 2024 - 25% progression, died in committee
Action: 2024-01-26 - Referred to CPC, FIN, referral sheet 3
Pending: House Consumer Protection & Commerce Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 24 2024 - 25% progression, died in committee
Action: 2024-01-26 - Referred to CPC, FIN, referral sheet 3
Pending: House Consumer Protection & Commerce Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Focuses the law on its intended scope, installment lenders, and clarifies that the law is not intended to eliminate the ability of lenders to make low interest rate loans under the interest and usury law. Removes the term "consumer loan" to consistently use the defined term "installment loan" in the statute.
Title
Relating To Installment Loans.
Sponsors
| Rep. Scott Saiki [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-26 | House | Referred to CPC, FIN, referral sheet 3 |
| 2024-01-24 | House | Introduced and Pass First Reading. |
| 2024-01-22 | House | Pending introduction. |
Same As/Similar To
SB3076 (Same As) 2024-01-26 - Referred to CPN, WAM.
Subjects
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=HB&billnumber=2387&year=2024 |
| Text | https://www.capitol.hawaii.gov/sessions/session2024/bills/HB2387_.HTM |
