HB 1198 (2008): limiting the annual interest that may be charged on small loans.
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@misc{bill-2008-hb1198, title = {HB 1198 (2008): limiting the annual interest that may be charged on small loans.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2008/hb1198}, note = {Accessed 24 Oct. 2026} }
HB 1198 (2008)
limiting the annual interest that may be charged on small loans.
- Status: Referred for interim study
- Term: 2007-2008
- House committee: Commerce
- Subject: Miscellaneous
The Story
It was introduced on January 2, 2008 and referred to the House Commerce committee. The committee held a public hearing on January 10, 2008. The committee held a work session on February 12, 2008. The committee met in executive session on February 19, 2008 to vote on its recommendation. The committee reported: Refer to Interim Study for Mar 5 CC unanimously, 18–0. On March 5, 2008 the House adopted “Refer to Interim Study” on a voice vote. The committee met in executive session on October 22, 2008 to vote on its recommendation. The committee reported back on its interim study of the bill: “Not Recommended for Future Legislation in 2009”, by a vote of 11 to 0.
Sponsors
- Rep. Michael Marsh (D - Rock 17) (prime sponsor)
- Rep. John Kelley (D - Hills 26)
Hearings and Sessions
- January 10, 2008, 1:45 PM: public hearing, House Commerce, LOB 302
- February 12, 2008, 10:30 AM: subcommittee work session, House Commerce, LOB 302
- February 19, 2008, 11:00 AM: executive session, House Commerce, LOB 302
- October 22, 2008, 10:00 AM: executive session, House Commerce, LOB 302
Votes
- March 5, 2008, House: Refer to Interim Study — voice vote, passed
The Docket
- January 2, 2008: Introduced 1/2/2008 and Referred to Commerce
- January 10, 2008: Public Hearing: 1/10/2008 1:45 PM LOB 302
- February 12, 2008: Subcommittee Work Session: 2/12/2008 10:30 AM LOB 302
- February 19, 2008: Executive Session: 2/19/2008 11:00 AM LOB 302 (Continued 2/21/08 11:00 AM LOB 302 if needed)
- February 21, 2008: Committee Report: Refer to Interim Study for Mar 5 CC (vote 18-0)
- March 5, 2008: Refer to Interim Study: MA VV
- April 11, 2008: Referred to Commerce for Interim Study
- October 22, 2008: Interim Study Executive Session: 10/22/2008 10:00 AM LOB 302
- October 22, 2008: Interim Study Report: Not Recommended for Future Legislation in 2009 (Vote 11-0)