SB702Introduced in the Senate
Setting new maximum annual interest rate for regulated consumer lenders on certain loans
Introduced by Mike Azinger, District 3
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
The purpose of this bill is to set a maximum interest rate which licensed regulated consumer lenders may charge on installment loans and remove a cap on nonrevolving loans when determining a finance charge.
Where it stands
To Finance
February 12, 2026
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
Filed for introduction
To Banking and Insurance then Finance
Introduced in Senate
To Banking and Insurance
Reported do pass, but first to Finance
To Finance
Verify the information
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