2019 Regular Session
|At the request of:||(at the request of Governor Kate Brown for Department of Consumer and Business Services)|
|Bill Title:||Relating to requiring consumers to repay certain outstanding consumer loans before lenders make new consumer loans; prescribing an effective date.|
Prohibits title loan lender and payday loan lender from making loan to consumer until seven days after consumer has fully repaid outstanding title loan or payday loan.
Becomes operative on January 1, 2020. Takes effect on 91st day following adjournment sine die.
|Fiscal Impact:||No Fiscal Impact|
|Revenue Impact:||No Revenue Impact|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||Senate Desk - Awaiting Second Reading|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|