SB 184 IN

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Changes the current incremental finance charge limits that apply to a small loan to a maximum annual rate. Prohibits making, or taking other actions with respect to, a small loan with a greater rate or amount of interest, or other fees and charges, than allowed under the statute governing small loans. Prohibits a credit services organization from providing certain functions with respect to a small loan and makes a violation a deceptive act.

• Greg Walker Republican · author
• Ronald Grooms · author

1. Jan 5, 2021 Authored by Senator Walker G · upper
2. Jan 5, 2021 First reading: referred to Committee on Insurance and Financial Institutions · upper
3. Jan 25, 2021 Senator Ford J.D. added as coauthor · upper
4. Jan 26, 2021 Senator Grooms added as second author · upper
5. Jan 26, 2021 Senator Alting added as coauthor · upper
6. Jan 26, 2021 Senator Breaux added as coauthor · upper
7. Jan 26, 2021 Senators Kruse and Melton added as coauthors · upper

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Introduced Senate Bill (S) · Jan 4, 2021 · PDF