HI HB2513 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 24 2018 - 25% progression, died in committee
Action: 2018-01-29 - Referred to IAC, CPC, FIN, referral sheet 9
Pending: House Intrastate Commerce Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Transitions from lump sum deferred deposit transactions to installment-based small dollar loan transactions. Specifies various consumer protection requirements for small dollar loans. Beginning January 1, 2019, requires licensure for small dollar lenders that offer small dollar loans to consumers. Specifies licensing requirements for small dollar lenders.

Tracking Information

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Title

Relating To Payday Lending.

Sponsors


History

DateChamberAction
2018-01-29HouseReferred to IAC, CPC, FIN, referral sheet 9
2018-01-24HouseIntroduced and Pass First Reading.
2018-01-23HousePending introduction.

Same As/Similar To

SB3008 (Same As) 2018-03-08 - Referred to IAC, CPC, FIN, referral sheet 35

Subjects


Hawaii State Sources


Bill Comments

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