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2007 Regular Session
Overview
At the request of:
Chief Sponsors:
Regular Sponsors:
Bill Title: Relating to consumer loans; and declaring an emergency.
Catchline/Summary: Sets maximum finance charge or interest rate at charge or rate not to exceed 36 percent per annum or 30 percentage points in excess of discount rate on 90-day commercial paper in effect at Federal Reserve Bank of San Francisco, established annually by Director of Department of Consumer and Business Services, for all consumer finance, payday and title loans of $50,000 or less.
Chapter Number: Chapter 603
Fiscal Impact: Has Minimal Fiscal Impact
Revenue Impact: No Revenue Impact
Measure Analysis: Staff Measure Summary / Impact Statements
Current Location: Chapter Number Assigned
Current Committee:
Current Subcommittee:
Subsequent Referral(s):
Potential Conflicts of Interest/Vote Explanations: Potential Conflicts of Interest/Vote Explanation Documents
Measure History
Scheduled Events