VA HB2228 | 2011 | Regular Session


Spectrum: Bipartisan Bill
Status: Introduced on January 12 2011 - 25% progression, died in committee
Action: 2011-02-08 - House: Left in Commerce and Labor
Pending: House Commerce and Labor Committee
Text: Latest bill text (Introduced) [HTML]


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.

Tracking Information

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Open-end credit plans; prohibits anyone other than seller of certain goods from extending credit.



2011-02-08 House: Left in Commerce and Labor
2011-01-27 House: Subcommittee recommends laying on the table by voice vote
2011-01-12 House: Referred to Committee on Commerce and Labor
2011-01-12 House: Prefiled and ordered printed; offered 01/12/11 11102064D


Code Citations

ChapterArticleSectionCitation TypeStatute Text
62312(n/a)See Bill Text

Virginia State Sources

Bill Comments 750