HB 267 - Small Loans Interest Limitation - New Hampshire Key Vote
Stephen Shurtleff voted Yea (Passage) on this Legislation.
Timeline
- Executive Signed
- July 9, 2008
- House Concurrence Vote Passed
- May 7, 2008
- Senate Bill Passed
- Feb. 14, 2008
- House Bill Passed
- Jan. 16, 2008
- Introduced
- Jan. 4, 2007
Related Issues
Stage Details
Title: Small Loans Interest Limitation
Signed by Governor John Lynch
Title: Small Loans Interest Limitation
Vote Smart's Synopsis:
Vote to pass a bill that prohibits lenders from making loans to individuals who have had outstanding payday or title loans within the last 60 days, and establishes a maximum interest rate of 36 percent on payday loans.
Highlights:
- Requires a lender to obtain a written statement under oath certifying that the borrower has had no outstanding payday or title loans within the last 60 days (Sec. 2). - Allows the lender to pass on security-related charges to the borrower (Sec. 3). - Takes effect on January 1, 2009 (Sec. 4).
Title: Small Loans Interest Limitation
Vote Smart's Synopsis:
Vote to pass a bill that prohibits lenders from making loans to individuals who have had outstanding payday or title loans within the last 60 days, and establishes a maximum interest rate of 36 percent on payday loans.
Highlights:
- Requires a lender to obtain a written statement under oath certifying that the borrower has had no outstanding payday or title loans within the last 60 days (Sec. 2). - Allows the lender to pass on security-related charges to the borrower (Sec. 3). - Takes effect 60 days after its passage (Sec. 4).
Title: Small Loans Interest Limitation
- Betsi L. DeVries (NH - D) (Out Of Office)
- David 'Dave' Gottesman (NH - D) (Out Of Office)
- David H. Kidder (NH - R) (Out Of Office)
- Robert J. 'Bob' Letourneau (NH - R) (Out Of Office)
- Martha Stroup McLeod (NH - D) (Out Of Office)
- Joan H. Schulze (NH - D) (Out Of Office)
- Hector M. Velez (NH - D) (Out Of Office)