VA HB2228 | 2011 | Regular Session
Status
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]
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]
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 |
|---|---|---|
| 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 |
Subjects
Code Citations
Virginia State Sources
| Type | Source |
|---|---|
| Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?111+sum+HB2228 |
| Text | https://lis.virginia.gov/cgi-bin/legp604.exe?111+ful+HB2228+hil |
