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• Introduced in the House on March 13, 2008, to require providers of tax refund anticipation loans to disclose various items to customers, including that these transactions are an extension of credit, that there is no guarantee that the full amount claimed will be refunded, the full interest rate on these loans, and more.
  • Referred to the House Banking and Financial Services Committee on March 13, 2008.
    • Reported in the House on April 29, 2008, with the recommendation that the substitute (H-1) be adopted and that the bill then pass.
  • Substitute offered in the House on April 30, 2008, to replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described. The substitute passed by voice vote in the House on April 30, 2008.
• Passed 102 to 5 in the House on April 30, 2008.
  Who Voted "Yes" and Who Voted "No"
• Received in the Senate on May 1, 2008.
  • Referred to the Senate Banking and Financial Institutions Committee on May 1, 2008.