l9n/ Connecticut

2005 Regular Session

House Bill 5486

AN ACT REGULATING THE MAKING AND COLLECTION OF PAYDAY LOANS.

Did not become law. It stopped in the House of Representatives's Banking Committee on February 17, 2005. The 2005 session has ended.

What it does

The synopsis the General Assembly published with the bill.

To specifically include payday lenders within the purview of the statutory provisions regulating small loan lenders in order to protect consumers from the predatory terms and tactics employed in the making and collection of payday loans. Payday lenders typically charge consumers effective interest rates exceeding four hundred per cent per annum for the loan.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

2 co-sponsors

Felipe Reinoso, Douglas McCrory

Its course

January 20 to February 17, 2005, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action5 actions on 5 days

In the House of RepresentativesJan 20 to Feb 17 · stopped28 days

Banking CommitteeJan 20 to Feb 17 · stopped28 days

Text

Each version as the General Assembly printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the General Assembly published it is below.

In the House of Representatives Jan 20 – Feb 17

  1. Jan 20Introduced and sent to Banking Committee
  2. Feb 15Drafted as a bill by Banking Committee
  3. Feb 16Sent to Banking Committee
  4. Feb 17Heard in Banking Committee
All 5 actions, as published
  1. Jan 20REF. TO JOINT COMM. ONBoth houses
  2. Feb 1Vote to DraftBoth houses
  3. Feb 15DRAFTED BY COMMITTEEBoth houses
  4. Feb 16REF. TO JOINT COMM. ONBoth houses
  5. Feb 17PUBLIC HEARINGBoth houses