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2020 House Bill 5589: Increase pawnbroker interest rate cap
by Rep. Matt Hall R-Calhoun county on March 5, 2020
To increase from 3% to 4% the maximum rate of interest per month a pawnbroker may levy on a loan secured by pawned goods. See also Senate Bill 369.
Official Text and Analysis.
Referred to the House Regulatory Reform Committee on March 5, 2020
Reported in the House on June 3, 2020
Refer to the Committee on Ways and Means.
Referred to the House Ways and Means Committee on June 3, 2020
Reported in the House on June 17, 2020
Without amendment and with the recommendation that the bill pass.
67 to 41 in the House
on June 24, 2020.
See Who Voted "Yes" and Who Voted "No".
in the Senate on June 25, 2020
Referred to the Senate Regulatory Reform Committee on June 25, 2020
Reported in the Senate on August 6, 2020
With the recommendation that the bill pass.
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