Bill Sponsors: TN HB1088 | 2015-2016 | 109th General Assembly

Bill Title: As introduced, increases from $50,000 to $75,000 the tangible net worth that comprises tangible assets less liabilities for each location of a business that makes flex loans; increases from 10 percent to 20 percent the percentage a shareholder must own. - Amends TCA Title 45, Chapter 12.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2015-03-25 - Taken off notice for cal in s/c Insurance and Banking Subcommittee of Insurance and Banking Committee [HB1088 Detail]

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

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Cameron Sexton [R]PrimarySponsored BillsHD-025FollowTheMoneyBallotpediaVoteSmart

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