HI SB3076 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 24 2024 - 25% progression
Action: 2024-01-26 - Referred to CPN, WAM.
Pending: Senate Commerce and Consumer Protection Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 24 2024 - 25% progression
Action: 2024-01-26 - Referred to CPN, WAM.
Pending: Senate Commerce and Consumer Protection Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Focuses the law on its intended scope, installment lenders, and clarifies that the law is not intended to eliminate the ability of lenders to make low interest rate loans under the interest and usury law. Removes the term "consumer loan" to consistently use the defined term "installment loan" in the statute.
Title
Relating To Installment Loans.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-26 | Senate | Referred to CPN, WAM. |
| 2024-01-24 | Senate | Passed First Reading. |
| 2024-01-24 | Senate | Introduced. |
Same As/Similar To
HB2387 (Same As) 2024-01-26 - Referred to CPC, FIN, referral sheet 3
Subjects
Hawaii State Sources
| Type | Source |
|---|---|
| Summary | https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=3076&year=2024 |
| Text | https://www.capitol.hawaii.gov/sessions/session2024/bills/SB3076_.HTM |
