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Committee advances state penalty for title-pawn transactions with service members
Summary
The Georgia House Defense and Veteran Affairs Committee voted to send House Bill 110 to the Rules Committee. The bill would create a state-level civil penalty for title-pawn lenders who do business with service members, aligning enforcement with the federal Military Lending Act and allowing state prosecutors to pursue fines.
The Georgia House Defense and Veteran Affairs Committee voted to advance House Bill 110, a measure that would create a state-level penalty for title-pawn lenders who do business with service members.
John Bonner, the bill presenter, told the committee the proposal “creates a state level penalty, for any, members of the title pawn industry in Georgia that do business with service members.” He said the language mirrors a substitute used last year for Senate Bill 451.
The bill aims to backstop the federal Military Lending Act, which Bonner described as already making such conduct illegal under federal law. “Currently, according to federal law, the Military Lending Act, it is illegal for, that industry to do business with, members of the military. And so…
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