Introduced
by
To increase the maximum interest rate a pawnbroker may charge on merchandise-backed loans from 3% per month to 4% per month, and make charging more a civil offense subject to a $5,000 fine.
Referred to the Committee on Regulatory Reform
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Passed in the Senate 24 to 10 (details)
Referred to the Committee on Regulatory Reform
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Referred to the Committee on Rules and Competitveness
Reported without amendment
