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.
|April 17, 2012
|Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
|SB530 Alabama 2012 Session - Introduced