Comments: TN HB3111 | 2009-2010 | 106th General Assembly

Bill Title: As introduced, establishes a ceiling of 100 percent for interest rates on payday loans; defines "payday loan" as short-term cash loan or funds provided to an individual in anticipation of future receipt of wages. - Amends TCA Title 45.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2010-03-30 - Action def. in s/c Utilities & Banking of COM to study committee [HB3111 Detail]

Text: Latest bill text (Draft #1) [PDF]

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