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HB262    Pdf File  
Measure Title: RELATING TO INTEREST.
Report Title: Interest Rate; Usury; Vehicle; Loan; Consumer Protection
Description: Protects consumers, who are purchasing their first vehicle, from predatory interest rates by setting a maximum interest rate of two per cent for consumers with a credit score below six hundred and zero per cent for consumers with a credit score of six hundred or more. Authorizes existing avenues of redress from usury under chapter 478 to apply to this Act.
Companion:
Package: None
Current Referral: CPC, FIN
Introducer(s): ALCOS
Act:

Sort by Date Status Text
1/21/2025HReferred to CPC, FIN, referral sheet 1
1/17/2025HIntroduced and Pass First Reading.
1/16/2025HPending introduction.

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

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HB262
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