Credit Regulation - Maximum Interest Rate for Active Service Members (Service Members Civil Relief Act)
Prohibiting a person from charging an annual interest rate above 6% per year on a certain obligation held by an active service member or jointly by an active service member and the active service member's spouse; requiring that the active service member or the active service member's spouse provide the creditor with certain notice and documentation not later than 180 days after termination or discharge from active duty; and authorizing a court to grant a creditor relief from application of the Act after a certain finding.
1 bill selected
Basic Information
- Status
- Chaptered
- Session
- 2026 Regular Session
- Type
- Unknown
- Cross-filed
- HB1606
Links
- State Link
- View on State Website
- LegiScan URL
- View on LegiScan
Upcoming Events
Hearing
February 12, 2026
at 13:00
📍 Finance
Hearing - Finance Committee
Sponsors
Brooks
Gile
Simonaire