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HB452 Alabama 2023 Session

Updated Jan 14, 2026
HB452 Alabama 2023 Session
House Bill
Expired
Current Status
Regular Session 2023
Session
1
Sponsor

Summary

Session
Regular Session 2023
Title
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 30 calendar days.
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.

Subjects
Payday loans, impose minimum 30-day term for transactions

Bill Actions

H

Introduced and Referred to House Financial Services

H

Read First Time in House of Origin

Bill Text

Documents

Source: Alabama Legislature