VA HB2191 | 2015 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 14 2015 - 25% progression, died in chamber
Action: 2015-01-27 - Tabled in Commerce and Labor by voice vote
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 14 2015 - 25% progression, died in chamber
Action: 2015-01-27 - Tabled in Commerce and Labor by voice vote
Text: Latest bill text (Introduced) [HTML]
Summary
Payday loan offices and motor vehicle title loan offices; distance from casino facility or military installation. Prohibits the State Corporation Commission (SCC) from issuing a license for the operation of a payday lending office or motor vehicle title lending office if such office is within 10 miles of a casino facility or military installation. Casino facilities include Indian gaming operations conducted pursuant to the federal Indian Gaming Regulatory Act. The measure includes limitations on the SCC's authority to revoke or suspend an existing license when a violation of the 10-mile provision exists on July 1, 2015, or when a violation would be created by the opening of a casino facility or military installation after a license was issued. However, if such a licensed lending location is within 10 miles of an existing or future casino facility or military installation, the annual percentage rate that may be charged on loans made from such location is 36 percent.
Title
Payday loan offices and motor vehicle title loan offices; distance from casino facility.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2015-01-27 | House | Tabled in Commerce and Labor by voice vote |
2015-01-14 | House | Referred to Committee on Commerce and Labor |
2015-01-14 | House | Presented and ordered printed 15103100D |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
6 | 2 | 1803 | (n/a) | See Bill Text |
6 | 2 | 1807.1 | (n/a) | See Bill Text |
6 | 2 | 1817 | (n/a) | See Bill Text |
6 | 2 | 2203 | (n/a) | See Bill Text |
6 | 2 | 2207.1 | (n/a) | See Bill Text |
6 | 2 | 2216 | (n/a) | See Bill Text |
Virginia State Sources
Type | Source |
---|---|
Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?151+sum+HB2191 |
Text | https://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+HB2191+hil |