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A11302 Summary:
| BILL NO | A11302 |
| SAME AS | SAME AS S10127 |
| SPONSOR | Rules (Rozic) |
| COSPNSR | |
| MLTSPNSR | |
| Amd §5-501, Gen Ob L; amd §14-a, Bank L; amd §§190.40 & 190.42, Pen L | |
| Extends the interest rate caps and criminal usury framework to covered services including but not limited to, retail installment contracts, merchant cash advances, invoice financing, revenue-based financing, or any transaction that in substance functions as the advance of funds in exchange for a future payment or obligation, regardless of the label assigned to such transaction. | |
A11302 Floor Votes:
There are no Assembly votes for this bill in this legislative session.
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