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Legislative Year: 2024 Change
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Bill Detail: HB24-1148

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Title Amending Terms of Consumer Lending Laws
Status Senate Committee on Finance Postpone Indefinitely (05/06/2024)
Bill Subjects
  • Business & Economic Development
  • Financial Services & Commerce
House Sponsors M. Weissman (D)
J. Mabrey (D)
Senate Sponsors J. Gonzales (D)
House Committee Finance
Senate Committee Finance
Date Introduced 01/29/2024
Summary

The bill amends the Colorado Uniform Consumer Credit Code
to change the terms and interest rates a nondepository institution may
charge in a consumer credit transaction.
For a consumer credit transaction in which a nondepository
institution makes a supervised loan or a consumer credit sale, the bill
amends the calculation of the total amount of the finance charge that the
nondepository institution may contract for and receive to include the total
cost of specific additional charges.

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (06/04/2024) (most recent)  
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