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Bill Title: As introduced, prohibits any short-term lender from assessing an interest rate for any short-term lending transaction that exceeds 28 percent per annum; and authorizes the commissioner of financial institutions to determine appropriate civil penalties. - Amends TCA Title 45 and Title 47.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2016-03-17 - Assigned to General Subcommittee of Senate Commerce & Labor Committee [SB0496 Detail]

Download: Tennessee-2015-SB0496-Draft.pdf

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