VA SB138 | 2010 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 11 2010 - 25% progression, died in chamber
Action: 2010-02-08 - Senate: Incorporated by Commerce and Labor (SB250-Reynolds) (15-Y 0-N)
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 11 2010 - 25% progression, died in chamber
Action: 2010-02-08 - Senate: Incorporated by Commerce and Labor (SB250-Reynolds) (15-Y 0-N)
Text: Latest bill text (Prefiled) [HTML]
Summary
Payday loans; permitted interest. Repeals provisions of the Payday Loan Act that authorize lenders to charge a loan fee or verification fee, thereby limiting permissible charges on payday loans to simple interest at a maximum annual rate of 36 percent.
Title
Payday loans; permitted interest.
Sponsors
Sen. John Miller [D] |
Roll Calls
2010-02-08 - Senate - Senate: Incorporated by Commerce and Labor (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2010-02-08 | Senate: Incorporated by Commerce and Labor (SB250-Reynolds) (15-Y 0-N) | |
2010-01-11 | Senate: Referred to Committee on Commerce and Labor | |
2010-01-11 | Senate: Prefiled and ordered printed; offered 01/13/10 10101898D |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
6 | 1 | 459 | (n/a) | See Bill Text |
6 | 1 | 460 | (n/a) | See Bill Text |
6 | 1 | 461 | (n/a) | See Bill Text |