HI SB869 | 2018 | Regular Session

Note: Carry Over of previous SB869

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 25 2017 - 25% progression, died in committee
Action: 2017-11-30 - Carried over to 2018 Regular Session.
Pending: Senate Commerce, Consumer Protection, and Health Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Establishes the Hawaii credit creation pilot program, within the department of commerce and consumer affairs division of financial institutions, to increase the availability of responsible small dollar consumer loans of at least $600 and up to $5,000. Specifies requirements of the program, including application requirements, interest rates, use of referral partners, and fees. Requires annual status reports to the legislature and a recommendation regarding continuation of the pilot program. Repeals on June 30, 2022.

Tracking Information

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Title

Relating To The Hawaii Credit Creation Pilot Program.

Sponsors


History

DateChamberAction
2017-11-30 Carried over to 2018 Regular Session.
2017-01-27SenateRe-Referred to CPH, WAM.
2017-01-25SenateReferred to CPH.
2017-01-25SenatePassed First Reading.
2017-01-25SenateIntroduced.

Same As/Similar To

HB1317 (Same As) 2017-11-30 - Carried over to 2018 Regular Session.
SB869 (Carry Over) 2017-01-27 - Re-Referred to CPH, WAM.

Subjects


Hawaii State Sources


Bill Comments

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