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MO HB1936
Bill
Status
2/2/2010
Primary Sponsor
Beth Low
Click for details
AI Summary
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Amends Chapter 408, RSMo to add Section 408.503 requiring lenders licensed under Section 408.500 to display a brochure about the Missouri food stamp program in their business lobby.
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Family Support Division must develop and provide brochures to all affected lenders that include contact information, program explanation, eligibility requirements, and application instructions.
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Lenders may allow the Family Support Division to make application forms and instructions available at their place of business.
Legislative Description
Requires lenders of unsecured loans of $500 or less, commonly known as payday loans, to display in the lobby a brochure detailing the eligibility requirements for the Missouri Food Stamp Program
Last Action
Referred: Financial Institutions (H)
3/29/2010