S0379Introduced in the Senate
Payday Loans
Introduced by Ronnie Cromer, District 18
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
Prohibit New Deferred Presentment Licenses From Being Issued; To Provide That New Deferred Presentment Loans And Loan Renewals May Not Be Made After June 30, 2025; To Provide That Outstanding Loans After June 30, 2025 May Be Serviced Under A Payment Plan; To Provide That Existing Deferred-presentment Licensees May Transition Within The Nationwide Multistate Licensing System Without Cost From Being Licensed As A Deferred Presentment Provider To Being Licensed As A Supervised Lender For The Remainder Of The Existing Licensing Period; And To Repeal Chapter 39 Of Title 34.
Where it stands
Referred to Committee on Banking and Insurance
February 25, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
Bill history
Introduced and read first time
Referred to Committee on Banking and Insurance
Verify the information
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