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HB1007Introduced in the House of Delegates

Commercial Financing - Small Business Truth in Lending Act

IntroducedHouse Economic Matters

Introduced by David Fraser-hidalgo, District 15

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

Regulating commercial financing transactions, including by establishing requirements related to certain disclosures, calculations of annual percentage rates, terms of repayments, and other related items, and the extension of specific offers.

Where it stands

Hearing 3/03 at 1:00 p.m.

February 9, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. First Reading Economic Matters

  2. Hearing 3/03 at 1:00 p.m.

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