AN ACT RELATING TO FINANCIAL INSTITUTIONS -- SMALL LOAN LENDERS
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What it does
Official summary
Allows a lender to charge an origination fee, increase interest rates and collect a monthly service fee, on loans up to three hundred dollars ($300) but not exceeding five thousand dollars ($5,000).
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Where do you stand?
Choose your position
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Tell your reps
Take a position to see your representatives and ways to contact them.
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More on this bill
Where it stands
Introduced
2Passed House
3Passed Senate
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2026
Mar 303/03/2026 Committee recommended measure be held for further studyLatest
Feb 2702/27/2026 Scheduled for hearing and/or consideration (03/03/2026)
Feb 2702/27/2026 Introduced, referred to House CorporationsIntroduced