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Key Votes

HB 267 - Small Loans Interest Limitation - Key Vote

New Hampshire Key Votes

Maggie Wood Hassan voted Yea (Passage With Amendment) on this Legislation.

Read statements Maggie Wood Hassan made in this general time period.

Stages

Family

Issues

Stage Details

Legislation - Signed (Executive) -

Title: Small Loans Interest Limitation

Legislation - Concurrence Vote Passed (House) -
Legislation - Bill Passed With Amendment (Senate) (14-9) - (Key vote)

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).
Legislation - Bill Passed (House) (207-124) - (Key vote)

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).
Legislation - Introduced (House) -

Title: Small Loans Interest Limitation

Sponsors

  • David L. Smith (NH - D) (Out Of Office)

Co-sponsors

  • Betsi L. DeVries (NH - D) (Out Of Office)
  • David 'Dave' Gottesman (NH - D) (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)
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