Fiscal Note

HB0111 - Deferred Deposit Lending Amendments

State Impact:
Enactment of this bill will not require additional appropriations.

Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for local governments. Business may be impacted due to changes in statute and restrictions on the amount of interest that they could charge consumers. Individuals may benefit from this change in statute and would save some money due to lower interest rates that consumer would have to pay.