Did not become law. It stopped in the Senate's Banking Committee on February 15, 2007. The 2007 session has ended.
2007 Regular Session
Senate Bill 1039
AN ACT REGULATING THE MAKING AND COLLECTION OF PAYDAY LOANS.
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 loan. 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 Senate
Sponsor
Its course
January 26 to February 15, 2007, 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 action2 actions on 2 days
In the SenateJan 26 to Feb 15 · stopped20 days
Banking CommitteeJan 26 to Feb 15 · stopped20 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 Senate Jan 26 – Feb 15
- Jan 26Introduced and sent to Banking Committee
- Feb 15Heard in Banking Committee
All 2 actions, as published
- Jan 26REF. TO JOINT COMM. ONBoth houses
- Feb 15PUBLIC HEARINGBoth houses