30th Legislature, 2019
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The 30th Legislature will convene on January 15, 2020.
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HB79       (?)


Measure Title: RELATING TO CONSUMER PROTECTION.
Report Title: Payday Lending; Small Dollar Loans; Small Dollar Lenders; Licensure; Requirements; Appropriation ($)
Description: Transitions from lump sum deferred deposit transactions to installment-based small dollar loan transactions. Specifies various consumer protection requirements for small dollar loans. Beginning 1/1/2020, requires licensure for small dollar lenders that offer small dollar loans to consumers. Specifies licensing requirements for small dollar lenders. Authorizes the division of financial institutions to appoint 2.0 FTE examiner positions, funded via the compliance resolution fund, to carry out the purposes of the small dollar installment loan program.
Companion:  SB537
Package: None
Current Referral: CPC, FIN
Introducer(s): TAKUMI, ICHIYAMA

Sort by Date Status Text
1/17/2019HPending introduction.
1/18/2019HIntroduced and Pass First Reading.
1/22/2019HReferred to CPC, FIN, referral sheet 2
12/1/2019DCarried over to 2020 Regular Session.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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HB79




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