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) 2010-03-31 - Assigned to Gen. Sub of S. C,L&A Comm. [SB3104 Detail]

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

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