ID S1314 | 2014 | Regular Session

Status

Completed Legislative Action
Spectrum: Committee Bill
Status: Passed on March 26 2014 - 100% progression
Action: 2014-03-26 - Signed by Governor on 03/26/14 Session Law Chapter 270 Effective: 07/01/2014
Text: Latest bill text (Introduced) [PDF]

Summary

Amends and adds to existing law to provide that a payday lender shall not make more than two electronic representations of a borrower's check; to provide that a payday loan shall not exceed 25% of a borrower's gross monthly income; to provide that a lender shall obtain information on a borrower's gross monthly income; to provide for extended payment plans and the provisions for extended payment plans; and to provide for written disclosures to a borrower before funds are disbursed.

Tracking Information

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Title

Amends and adds to existing law to provide that a payday lender shall not make more than two electronic representations of a borrower's check; to provide that a payday loan shall not exceed 25% of a borrower's gross monthly income; to provide that a lender shall obtain information on a borrower's gross monthly income; to provide for extended payment plans and the provisions for extended payment plans; and to provide for written disclosures to a borrower before funds are disbursed.

Sponsors


Roll Calls

2014-03-17 - House - House Third Reading (Y: 35 N: 34 NV: 0 Abs: 1) [PASS]
2014-03-10 - Senate - Senate Third Reading (Y: 21 N: 13 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2014-03-26SenateSigned by Governor on 03/26/14 Session Law Chapter 270 Effective: 07/01/2014
2014-03-20SenateReported delivered to Governor on 03/20/14
2014-03-19SenateReported signed by the Speaker & ordered delivered to Governor
2014-03-19HouseReceived from Senate; Signed by Speaker; Returned to Senate
2014-03-18SenateReported enrolled; signed by President; to House for signature of Speaker
2014-03-18SenateReturned From House Passed; referred to enrolling
2014-03-17Houseto Senate
2014-03-17HouseTitle apvd
2014-03-17HouseVanOrden
2014-03-17House35-34-1 AYES -- Anderson(01), Anderson(31), Anderst, Bateman, Chew, Clow, Dayley, Eskridge, Gibbs, Hancey, Harris, Hartgen, Henderson, Hixon, Holtzclaw, Horman, Loertscher, Malek, McDonald, Mendive, Moyle, Packer, Pence, Perry, Raybould, Romrell, Rubel, Smith, Thompson, VanOrden, Wills, Wood(27), Woodings, Youngblood, Mr. Speaker NAYS -- Agidius, Andrus, Barbieri, Barrett, Batt, Bell, Bolz, Boyle, Burgoyne, Collins, Crane, DeMordaunt, Denney, Erpelding, Gannon, Gestrin, Kauffman, King, Kloc, Luker, McMillan, Meline, Miller, Monks, Morse, Palmer, Ringo, Rusche, Shepherd, Sims, Stevenson, Trujillo, Vander Woude, Wood(35) Absent -- Nielsen Floor Sponsor
2014-03-17HousePASSED
2014-03-17HouseRules Suspended: Ayes 68 Nays 0 Abs/Excd 2, read three times
2014-03-17HouseRead second time; Filed for Third Reading
2014-03-14HouseReported out of Committee with Do Pass Recommendation, Filed for Second Reading
2014-03-11HouseRead First Time, Referred to Commerce & Human Resources
2014-03-11HouseReceived from the Senate, Filed for First Reading
2014-03-10Senateto House
2014-03-10SenateTitle apvd
2014-03-10SenatePASSED -- 21-13-1
2014-03-10SenateRead third time in full
2014-03-07SenateRead second time; filed for Third Reading
2014-03-06SenateReported out of Committee with Do Pass Recommendation; Filed for second reading
2014-02-10SenateReported Printed; referred to Commerce & Human Resources
2014-02-07SenateIntroduced; read first time; referred to JR for Printing

Subjects


Idaho State Sources


Bill Comments

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