TN HB1329 | 2021-2022 | 112th General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 11 2021 - 25% progression, died in committee
Action: 2021-04-07 - Action Def. in s/c Banking & Consumer Affairs Subcommittee to TACIR
Pending: House Banking & Consumer Affairs Subcommittee Committee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on February 11 2021 - 25% progression, died in committee
Action: 2021-04-07 - Action Def. in s/c Banking & Consumer Affairs Subcommittee to TACIR
Pending: House Banking & Consumer Affairs Subcommittee Committee
Text: Latest bill text (Draft #1) [PDF]
Summary
As introduced, prohibits a licensee engaged in the business of deferred presentment services from contracting for or receiving a fee or charge exceeding a 36 percent annual percentage rate on the unpaid balance of the amount financed. - Amends TCA Title 45 and Title 47, Chapter 18.
Title
AN ACT to amend Tennessee Code Annotated, Title 45 and Title 47, Chapter 18, relative to financial institutions.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-04-07 | House | Action Def. in s/c Banking & Consumer Affairs Subcommittee to TACIR |
| 2021-03-31 | House | Placed on s/c cal Banking & Consumer Affairs Subcommittee for 4/7/2021 |
| 2021-03-31 | House | Action Def. in s/c Banking & Consumer Affairs Subcommittee to 4/7/2021 |
| 2021-03-24 | House | Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/31/2021 |
| 2021-02-24 | House | Assigned to s/c Banking & Consumer Affairs Subcommittee |
| 2021-02-24 | House | P2C, ref. to Commerce Committee |
| 2021-02-22 | House | Intro., P1C. |
| 2021-02-11 | House | Filed for introduction |
Same As/Similar To
SB1064 (Crossfiled) 2021-02-22 - Passed on Second Consideration, refer to Senate Commerce and Labor Committee
