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A07020Introduced in the Assembly

Fixes the maximum interest rate for credit cards issued or used in this state at 10%.

IntroducedAssembly Banks

Introduced by Doug Smith, District 5

What does this bill do?

Plain-English breakdown

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Official description

Fixes the maximum interest rate for credit cards issued or used in this state at 10%.

Where it stands

referred to banks

January 7, 2026

How did lawmakers vote?

AssemblyStage: Assembly Banks Committee: Held for Consideration · June 4, 2025

20

Yes

10

No

1

Absent or Not Voting

31 assemblymembers recorded in this Assembly vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

How would you vote on this bill?

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See how each assemblymember voted

Bill history

  1. referred to banks

  2. held for consideration in banks

  3. referred to banks

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