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146th General Assembly
House Bill # 289 w/HA 1, HA 2

Primary Sponsor: Keeley Additional Sponsor(s):    Rep. Hocker & Sen. DeLuca & Sen. Bonini
CoSponsors: Reps. Barbieri, Brady, Kenton, Heffernan, Peterman, Schooley, D.E. Williams, Wilson; Sen. Lawson
Introduced on : 03/28/2012
Long Title:AN ACT TO AMEND TITLE 5 OF THE DELAWARE CODE RELATING TO LOANS.
Synopsis:This bill limits to five the number of short-term consumer loans (sometimes called payday loans) that any one borrower may obtain in a twelve month period. It changes the definition of short-term consumer loan to include loans up to $1000 rather than $500. The bill also provides for establishment of a database to track the number of short-term consumer loans an individual has obtained in a twelve month period. Finally, the Banking Commissioner is directed to provide a report on the prevalence and nature of these payday loans to the General Assembly.
Current Status: Signed   On   06/27/2012
Volume Chapter78:278
Date Governor acted:06/27/2012
Full text of Legislation:
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Full text of Legislation:
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Fiscal Notes/Fee Impact:Not Required
Amendments: HA 1 to HB 289 - Passed
HA 2 to HB 289 - Passed
HA 3 to HB 289 - Defeated
Committee Reports:
House Committee Report 04/04/12 F=4 M=5 U=0---->Committee Report
Senate Committee report 05/16/12 F=0 M=5 U=0----->Committee Report
Voting Reports:
House vote: () Passed 5/1/2012 5:51:54 PM------->Voting Record
Senate vote: () Passed 6/7/2012 2:43:22 PM------->Voting Record
Engrossed Version:
Engrossment------->Engrossment
Actions History:
Jun 27, 2012 - Signed by Governor
Jun 07, 2012 - Passed by Senate. Votes: Passed 20 YES 1 NO 0 NOT VOTING 0 ABSENT 0 VACANT
May 16, 2012 - Reported Out of Committee (BANKING) in Senate with 5 On Its Merits
May 03, 2012 - Assigned to Banking Committee in Senate
May 01, 2012 - Passed by House of Representatives. Votes: Passed 26 YES 7 NO 5 NOT VOTING 3 ABSENT 0 VACANT
May 01, 2012 - Amendment HA 3 - Defeated by House of Representatives. Votes: Defeated 7 YES 31 NO 0 NOT VOTING 3 ABSENT 0 VACANT
May 01, 2012 - Amendment HA 3 defeated
May 01, 2012 - Amendment HA 3 - Introduced in House
May 01, 2012 - Amendment HA 2 - Passed in House by Voice Vote
May 01, 2012 - Amendment HA 2 - Introduced in House
May 01, 2012 - Amendment HA 1 - Passed in House by Voice Vote
May 01, 2012 - Amendment HA 1 - Introduced in House
Apr 04, 2012 - Reported Out of Committee (ECONOMIC DEVELOPMENT/BANKING/INSURANCE/COMMERCE) in House with 4 Favorable, 5 On Its Merits
Mar 28, 2012 - Introduced in House and assigned to Economic Development/Banking/Insurance/Commerce Committee
Mar 28, 2012 - Assigned to Economic Development/Banking/Insurance/Commerce Committee in House
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