Consumer finance companies; additional charges.
Passed on 4/8/26
Summary
Amendment can translate this bill from legal jargon into easy-to-understand language. Sign up to try it for free.
- Takes 30 seconds
- Free
- No credit card required
From the Legislature
Consumer finance companies; additional charges. Provides that, for the purposes of the prohibition on additional charges by consumer finance companies, exceptions to such prohibition include (i) charges for guaranteed asset protection waivers for the protection and benefit of the borrower in connection with any loan and (ii) charges for guaranteed asset protection insurance for the protection and benefit of the borrower in connection with any loan.
Sponsors
D
1
1
R
Democratic CaucusRepublican Caucus
Roll Call Votes
39 Yea
DDDRRRRDDRRDRRDDDDDDDRDRRDRDRDDDDRRRRRR0 Nay
1 Absent
DCalendar
Feb 10
12:00 AM
House Labor and Commerce: Subcommittee #1 Hearing
Feb 12
12:00 AM
House Labor and Commerce Hearing
Mar 2
7:00 PM
Senate Commerce and Labor Hearing