HB 258
In Committee
Bill Summary
Sponsors
Session
Regular Session 2019
Title
Deferred presentment transactions, term set at 30 days, Sec. 5-18A-13 amd.
Description
Under existing law, the term of a deferred presentment transaction is between 10 and 31 calendar days
This bill would require the term of a deferred presentment transaction to be a minimum of 30 calendar days
Relating to deferred presentment transactions; to amend Section 5-18A-13, Code of Alabama 1975; to require the term of a deferred presentment transaction to be a minimum of alendar days.
Subjects
Deferred Presentment Transactions
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 21, 2019 | 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 | HB 258 - Introduced |