HI HB81 | 2017 | Regular Session
Note: Carry Foward to future HB81
Status
Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on January 19 2017 - 25% progression, died in committee
Action: 2017-01-23 - Referred to IAC/CPC, FIN, referral sheet 1
Pending: House Intrastate Commerce Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 19 2017 - 25% progression, died in committee
Action: 2017-01-23 - Referred to IAC/CPC, FIN, referral sheet 1
Pending: House Intrastate Commerce Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Specifies that the minimum term of a deferred deposit, or payday loan, shall be no less than six months with no penalty for early redemption. Caps the allowable interest rate at forty-five per cent and requires reimbursement of the prorated interest amount charged upon prepayment.
Title
Relating To Check Cashing.
Sponsors
| Sen. Joy San Buenaventura [D] | Rep. Matthew Lopresti [D] | Rep. Mark Nakashima [D] | Rep. Cindy Evans [D] |
| Rep. Ken Ito [D] | Sen. Jarrett Keohokalole [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-01-23 | House | Referred to IAC/CPC, FIN, referral sheet 1 |
| 2017-01-19 | House | Pass First Reading |
| 2017-01-18 | House | Pending introduction. |
Same As/Similar To
HB81 (Carry Over) 2017-01-23 - Referred to IAC/CPC, FIN, referral sheet 1
Subjects
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | http://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=HB&billnumber=81&year=2017 |
| Text | http://www.capitol.hawaii.gov/session2017/bills/HB81_.HTM |
