OK SB817

Amends the Uniform Consumer Credit Code to increase maximum loan principal from $300 to $1,500 for supervised lenders offering alternative loan finance charges.

Restructures loan amount tiers with corresponding acquisition and monthly handling charges, increasing from 6 original tiers to 8 tiers with higher dollar thresholds and adjusted fee amounts.

Establishes consumer price index (CPI-W) adjustments beginning July 1, 2014, using December 2013 as the reference base index, with automatic dollar amount changes when CPI increases 10% or more.

Implements administrator rulemaking requirements for calculating and publishing annual adjustments to loan amounts and charges, with notices provided by April 30 each year.

Takes effect July 1, 2013, with an emergency declaration for immediate implementation.