VA HB1977 | 2013 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 9 2013 - 25% progression, died in committee
Action: 2013-02-05 - Left in Commerce and Labor
Pending: House Commerce and Labor Committee
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 9 2013 - 25% progression, died in committee
Action: 2013-02-05 - Left in Commerce and Labor
Pending: House Commerce and Labor Committee
Text: Latest bill text (Prefiled) [HTML]
Summary
Open-end credit plans. Prohibits anyone other than the seller of goods to be used for personal, family, or household purposes from extending credit under an open-end plan at interest rates that exceed the legal rate of interest. To extend credit under such a plan, the loan must be for the sole purpose of financing the bona fide purchase price of such goods.
Title
Open-end credit plans; prohibits anyone other than seller of certain goods from extending credit.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2013-02-05 | House | Left in Commerce and Labor |
| 2013-01-15 | House | Assigned C & L sub: #1 |
| 2013-01-09 | House | Referred to Committee on Commerce and Labor |
| 2013-01-09 | House | Prefiled and ordered printed; offered 01/09/13 13102587D |
Subjects
Code Citations
Virginia State Sources
| Type | Source |
|---|---|
| Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?131+sum+HB1977 |
| Text | https://lis.virginia.gov/cgi-bin/legp604.exe?131+ful+HB1977+hil |
