HB421 Alabama 2013 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2013
Title
Pawns, further regulate pawn transactions, Secs. 5-19A-2 am'd.; Secs. 5-19A-21, 5-19A-22, 5-19A-23, 5-19A-24, 5-19A-25 added
Description
<p class="bill_description"> Under existing law, a motor vehicle title
may be pawned</p><p class="bill_description">
This bill would define the term "title
pawn."
This bill would require that certain pawn
transactions involving motor vehicles would have to
be printed on the pawn ticket and in a certain
size</p><p class="bill_description">
This bill would impose limits on
repossession fees</p><p class="bill_entitled_an_act"> To amend Section 5-19A-2 of the Code of Alabama
1975, to define the term "title pawn," and to add new Sections
5-19A-21, 5-19A-22, 5-19A-23, 5-19A-24, and 5-19A-25 to the
Code of Alabama 1975, to require that certain pawn
transactions involving motor vehicle would have to be printed
on the pawn ticket and in a certain size, and to impose limits
on repossession fees.
</p>
Subjects
Pawn Transactions
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 7, 2013 | H | Indefinitely Postponed |
| March 20, 2013 | H | Pending third reading on day 16 Favorable from Financial Services with 1 substitute |
| March 20, 2013 | H | Read for the second time and placed on the calendar with 1 substitute and |
| March 7, 2013 | H | Read for the first time and referred to the House of Representatives committee on Financial Services |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB421 Alabama 2013 Session - Introduced |