HB321 Alabama 2017 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2017
Title
Consumer loans, lines of credit, financial products, interest rate, capped, const. amend.
Description
<p class="bill_description"> This bill would propose an amendment to the
Constitution of Alabama of 1901, capping the
maximum interest rate on certain consumer loans,
lines of credit, and other financial products at 36
percent per annum</p><p class="bill_entitled_an_act"> To propose an amendment to the Constitution of
Alabama of 1901, capping the interest rate on certain consumer
loans, lines of credit, and other financial products at 36
percent per annum.
</p>
Subjects
Constitutional Amendments
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 28, 2017 | H | Read for the first time and referred to the House of Representatives committee on Constitution, Campaigns and Elections |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB321 Alabama 2017 Session - Introduced |