2019 House Bill 5253

Require regulators produce payday lender report

Introduced in the House

Nov. 13, 2019

Introduced by Rep. Sherry Gay-Dagnogo (D-8)

To require state regulators to produce a report on payday lenders (“deferred presentment service providers”) and transactions, including statistics showing the volume and details of payday lending activity in specific areas.

Referred to the Committee on Regulatory Reform

Dec. 10, 2019

Reported without amendment

Refer to the Committee on Ways and Means.

Referred to the Committee on Ways and Means

May 27, 2020

Reported without amendment

With the recommendation that the substitute (H-3) be adopted and that the bill then pass.

Passed in the House 98 to 9 (details)

To require state regulators to produce an annual report on payday lenders (“deferred presentment service providers”) and transactions, including statistics showing the volume and details of payday lending activity in specific areas.

Received in the Senate

May 28, 2020

Referred to the Committee on Regulatory Reform