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.

Looking ahead

No hearings or votes scheduled.

History

1. 2025
   1. Apr 8Pub. Ch. 70Latest
   2. Apr 8Effective date(s) 07/01/2025
   3. Mar 25Signed by Governor Bill Lee.Became Law
   4. Mar 19Signed by H. SpeakerMajor
   5. Mar 19Transmitted to Governor for action.To Governor
   6. Mar 18Enrolled and ready for signaturesMinor
   7. Mar 18Signed by Senate SpeakerMajor
   8. Mar 17Subst. for comp. HB.Major
      • Vote recorded FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 3/17/2025 Passed. Result: pass.Lower
   9. Mar 17Passed H., Ayes 61, Nays 26, PNV 8Passed House
   10. Mar 10Rcvd. from S., held on H. desk.
   11. Mar 6Passed Senate, Ayes 22, Nays 4, PNV 1Passed Senate
       • Vote recorded FLOOR VOTE: Third Consideration 3/6/2025 Passed. Result: pass.Upper
   12. Mar 6Engrossed; ready for transmission to HouseMinor
   13. Mar 4Placed on Senate Regular Calendar for 3/6/2025
   14. Mar 3Senate Reset on calendar for 3-6-2025
   15. Feb 27Placed on Senate Consent Calendar 2 for 3/3/2025
   16. Feb 25Recommended for passage, refer to Senate Calendar Committee
       • Vote recorded SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 2/25/2025 Passed. Result: pass.Upper
   17. Feb 20Sponsor(s) Added.Minor
   18. Feb 18Placed on Senate Commerce and Labor Committee calendar for 2/25/2025
   19. Feb 12Passed on Second Consideration, refer to Senate Commerce and Labor CommitteeMinor
   20. Feb 10Introduced, Passed on First ConsiderationMinor
   21. Feb 3Filed for introductionIntroduced