| 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 | Chamber | Status Text |
| 1/21/2025 | H | Referred to CPC, FIN, referral sheet 1 |
| 1/17/2025 | H | Introduced and Pass First Reading. |
| 1/16/2025 | H | Pending introduction. |
S = Senate |
H = House |
D = Data Systems |
$ = Appropriation measure |
ConAm = Constitutional Amendment
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HB262