SB 308 (2016): relative to the definition of small loans and relative to certain fees on small loans.

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BibTeX: @misc{bill-2016-sb308, title = {SB 308 (2016): relative to the definition of small loans and relative to certain fees on small loans.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2016/sb308}, note = {Accessed 24 Oct. 2026} }

SB 308 (2016)

relative to the definition of small loans and relative to certain fees on small loans.

Status: Signed into law
Term: 2015-2016
House committee: Commerce and Consumer Affairs
Senate committee: Commerce
Subject: Banking and Finance
Chapter law: 180

The Story

It was introduced on January 6, 2016 and referred to the Senate Commerce committee. The committee held a public hearing on January 12, 2016. The committee recommended that the Senate pass it with changes (amendment 2016-0947s). The committee's amendment (0947s) was adopted on a voice vote on March 17, 2016, changing the text of the bill. On March 17, 2016 the Senate voted to pass it with changes on a voice vote and ordered it to a third reading. It crossed to the House on March 23, 2016 and was referred to the House Commerce and Consumer Affairs committee. The committee held a public hearing on April 14, 2016. The committee held a work session on April 19, 2016. The committee met in executive session on April 26, 2016 to vote on its recommendation. The committee voted unanimously, 20–0, to recommend that the House pass it, and the report was placed on the consent calendar. On May 11, 2016 the House voted to pass it on a voice vote. The bill was enrolled on May 19, 2016 — the final check of the text before it goes to the governor. The governor signed it on June 3, 2016, making it Chapter 180 of the session laws. It took effect on August 2, 2016.

Hearings and Sessions

January 12, 2016, 2:15 PM: hearing, Senate Commerce, SH 100
April 14, 2016, 1:15 PM: public hearing, House Commerce and Consumer Affairs, LOB 302
April 19, 2016, 10:00 AM: subcommittee work session, House Commerce and Consumer Affairs, LOB 302
April 26, 2016, 1:15 PM: executive session, House Commerce and Consumer Affairs, LOB 302

Votes

March 17, 2016, Senate: Ought to Pass with Amendment 0947s, NT — voice vote, passed
May 11, 2016, House: Ought to Pass — voice vote, passed

The Docket

January 6, 2016: To Be Introduced 01/06/2016 and Referred to Commerce
January 12, 2016: Hearing: 01/12/2016, Room 100, SH, 02:15 pm; SC1
March 17, 2016: Committee Report: Ought to Pass with Amendment #2016-0947s , NT, 03/17/2016
March 17, 2016: Committee Amendment 0947s, NT, AA, VV; 03/17/2016
March 17, 2016: Ought to Pass with Amendment 0947s, NT, MA, VV; OT3rdg; 03/17/2016
March 23, 2016: Introduced 03/23/2016 and referred to Commerce and Consumer Affairs
April 14, 2016: Public Hearing: 04/14/2016 01:15 PM LOB 302
April 19, 2016: Subcommittee Work Session: 04/19/2016 10:00 AM LOB 302
April 26, 2016: Executive Session: 04/26/2016 01:15 PM LOB 302
May 11, 2016: Committee Report: Ought to Pass for 05/11/2016 (Vote 20-0; CC)
May 11, 2016: Ought to Pass : MA VV 05/11/2016
May 19, 2016: Enrolled 05/19/2016
May 19, 2016: Enrolled (In recess 05/19/2016)
June 3, 2016: Signed by the Governor on 06/03/2016; Chapter 0180; Effective 08/02/2016

Laws It Would Change

RSA 399-A:16