2009 House Bill 4166

Senate Roll Call 368: Passed

To require providers of tax refund anticipation loans to disclose various items to customers, including that these transactions are an extension of credit, that there is no guarantee that the full amount claimed will be refunded, the full interest rate on these loans, and more. The bill would also grant consumers a right of rescission within one business day if they change their mind.

33 Yeas / 0 Nays
Republican (19 Yeas / 0 Nays)
Democrat (14 Yeas / 0 Nays)
Excused or Not Voting (4)