Interest Rates - As enacted, increases, from 30 to 36 percent per annum, the maximum permitted effective rate of interest that may be contracted for by an industrial loan and thrift company on an unpaid balance where the amount financed is $100 or more; makes other related changes. - Amends TCA Title 45, Chapter 5.
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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
2025
Apr 8Comp. became Pub. Ch. 70Latest
Mar 17Comp. SB subst.
Vote recorded HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 3/17/2025 3/13/2025. Result: fail.Lower
Mar 17Sponsor(s) Added.Minor
Mar 13H. Placed on Regular Calendar for 3/17/2025
Mar 12Rec. for pass; ref to Calendar & Rules CommitteeMinor
Vote recorded HOUSE COMMERCE COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 3/12/2025 Passed. Result: pass.Lower
Mar 12Placed on cal. Calendar & Rules Committee for 3/13/2025
Mar 5Rec. for pass by s/c ref. to Commerce CommitteeMinor
Vote recorded HOUSE BANKING AND CONSUMER AFFAIRS SUBCOMMITTEE: Rec. for pass by s/c ref. to Commerce Committee 3/5/2025 Passed. Result: pass.Lower
Mar 5Placed on cal. Commerce Committee for 3/12/2025
Feb 26Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/5/2025
Feb 19Sponsor(s) Added.Minor
Feb 10Assigned to s/c Banking & Consumer Affairs SubcommitteeMinor