SB530 Alabama 2012 Session
In Committee
Bill Summary
Session
Regular Session 2012
Title
Alabama Consumer Credit Act, exemption from license fee removed for certain individuals, Sec. 5-19-22 am'd
Description
Under existing law, there is an exemption from the payment of license fees under the Alabama Small Loan Act for persons licensed under the Alabama Consumer Credit Act.
This bill would remove that exemption.
To amend Section 5-19-22, Code of Alabama 1975, relating to the Alabama Consumer Credit Act; to remove the exemption for the payment of the license fee under the Alabama Small Loan Act for those licensees also licensed under the Alabama Consumer Credit Act.
Subjects
Consumer Credit
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 17, 2012 | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB530 Alabama 2012 Session - Introduced |
Source: Alabama Legislature