HB 620-FN (2008): repealing the statutory provisions regarding small loans, title loans, and payday loans and establishing a general statutory usury rate.

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“HB 620-FN (2008): repealing the statutory provisions regarding small loans, title loans, and payday loans and establishing a general statutory usury rate.” Granite Record, https://graniterecord.org/bill/2008/hb620. Accessed 24 Oct. 2026.
APA
Granite Record. (n.d.). HB 620-FN (2008): repealing the statutory provisions regarding small loans, title loans, and payday loans and establishing a general statutory usury rate. Retrieved 24 Oct. 2026, from https://graniterecord.org/bill/2008/hb620
Chicago
Granite Record. “HB 620-FN (2008): repealing the statutory provisions regarding small loans, title loans, and payday loans and establishing a general statutory usury rate.” Accessed 24 Oct. 2026. https://graniterecord.org/bill/2008/hb620.
BibTeX
@misc{bill-2008-hb620, title = {HB 620-FN (2008): repealing the statutory provisions regarding small loans, title loans, and payday loans and establishing a general statutory usury rate.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2008/hb620}, note = {Accessed 24 Oct. 2026} }

HB 620-FN (2008)

repealing the statutory provisions regarding small loans, title loans, and payday loans and establishing a general statutory usury rate.

  • Status: Died on the table
  • Term: 2007-2008
  • House committee: Commerce
  • Subject: Miscellaneous

The Story

It was introduced on January 4, 2007 and referred to the House Commerce committee. The committee held a public hearing on March 14, 2007. The committee met in executive session on March 20, 2007 to vote on its recommendation. The committee retained the bill, holding it for further work rather than reporting it out this year. The committee held a work session on September 13, 2007. The committee met in executive session on October 30, 2007 and November 1, 2007. The committee voted 15–3 to recommend that the House pass it (amendment 2530h), and the report was placed on the regular calendar. The committee's amendment (2530h) was rejected on a division vote 138–176 on January 16, 2008. On January 16, 2008 the House failed “Reconsideration Amendment #2530h (New Title)(Rep Garrity)” on a division vote 139–191. On January 16, 2008 the House voted to lay it on the table on a division vote 237–98. The bill died on the table when the session ended on September 24, 2008, having been set aside and never taken back up.

Sponsors

Hearings and Sessions

  • March 14, 2007, 10:15 AM: public hearing, House Commerce, LOB 302
  • March 20, 2007, 10:00 AM: executive session, House Commerce, LOB 302
  • September 13, 2007, 11:00 AM: subcommittee work session, House Commerce, LOB 302
  • October 30, 2007, 10:00 AM: executive session, House Commerce, LOB 302
  • November 1, 2007, 10:00 AM: executive session, House Commerce, LOB 302

Votes

  • January 16, 2008, House: Adopt Committee Amendment — yeas 138, nays 176, failed
  • January 16, 2008, House: Reconsideration Amendment #2530h (New Title)(Rep Garrity) — yeas 139, nays 191, failed
  • January 16, 2008, House: Lay On Table (Rep Cali-Pitts) — yeas 237, nays 98, passed

The Docket

  • January 4, 2007: Introduced and ref to Commerce
  • March 14, 2007: Public Hearing: 3/14/2007 10:15 AM LOB 302
  • March 20, 2007: Executive Session: 3/20/07 10:00 AM LOB 302
  • March 20, 2007: Retained in Committee
  • September 13, 2007: Retained Bill - Subcommittee Work Session: 9/13/07 11:00 AM LOB 302
  • October 30, 2007: Retained Bill - Executive Session: 10/30/2007 10:00 AM LOB 302
  • November 1, 2007: Continued Executive Session: 11/1/2007 10:00 AM LOB 302
  • November 8, 2007: ==CANCELLED==Continued Executive Session: 11/8/2007 10:00 AM LOB 302
  • November 16, 2007: Committee Report: Ought to Pass with AM #2530h(New Title) for Jan 16 (vote 15-3;RC)
  • November 16, 2007: Proposed Committee Amendment: #2530h(New Title)
  • January 16, 2008: Amendment #2530h (New Title) Failed, DIV 138-176
  • January 16, 2008: Reconsideration Amendment #2530h (New Title)(Rep Garrity): MF DIV 139-191
  • January 16, 2008: Recommit (Rep Rowe)
  • January 16, 2008: Lay On Table (Rep Cali-Pitts): MA DIV 237-98
  • September 24, 2008: Died on the Table

Laws It Would Change

From the General Court