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TN SB1736

Bill

Official Source

Status

Introduced

2/17/2011

Primary Sponsor

Beverly Marrero

Click for details

Origin

Senate

107th General Assembly

AI Summary

Legislative Description

As introduced, establishes a ceiling of 100 percent for interest rates on payday loans; defines "payday loan" as short-term cash loan or funds provided to an individual in anticipation of future receipt of wages. - Amends TCA Title 45.

Short Term Loans and Lenders

Last Action

Assigned to Gen. Sub of: S. C,L&A Comm.

4/19/2011

Committee Referrals

Commerce, Labor & Agriculture2/24/2011

Full Bill Text

No bill text available