Bill Summary

HB 1177 Deferred Presentment Transactions (2016 Session)
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Sponsors
by Watson (B)
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Summary
Deferred Presentment Transactions: Provides maximum amount that may be charged per annum for interest, fees, or other charges in deferred presentment transaction; prohibits engaging in device or subterfuge in order to evade specified requirements; declares that deferred presentment transaction that does not comply with specified requirements is void; declares that deferred presentment transaction in which certain interest, fees, or other charges are charged is usurious. Effective Date: July 1, 2016
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committees of reference
» H Insurance & Banking Subcommittee
   H Civil Justice Subcommittee
   H Regulatory Affairs Committee
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Actions
01/07/16
HOUSE 
Filed
01/13/16
HOUSE 
Referred to Insurance & Banking Subcommittee; Civil Justice Subcommittee; Regulatory Affairs Committee
01/13/16
HOUSE 
Now in Insurance & Banking Subcommittee
03/11/16
HOUSE 
Died in Insurance and Banking Subcommittee
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bill text & filed amendments
1177
Filed on 01/07/16
PDF
No amendments to this bill text filed.
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Statute Citations
560.404
687.02
Research & Reports
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