2003 Senate Bill 474 ↩

Senate Roll Call 450: The substitute was not adopted

To replace the previous version of the bill with one which would cap the amount which can be charged for a "deferred deposit loan” (or “payday loan”) at 10 percent, and establish a state database of all payday loan transactions so that the Office of Financial and Insurance Services (OFIS) could regulate these transactions on a real time basis.