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House passes bill banning commercial tax-lien loan companies, citing predatory practices

Utah House of Representatives · March 5, 2014
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

House Bill 123 passed unanimously March 5, 2014. The one-page bill prohibits commercial tax-lien loan companies from operating in Utah after sponsors described how such companies target vulnerable homeowners.

The Utah House unanimously approved House Bill 123 on March 5, 2014, a measure that would prohibit commercial tax-lien loan companies from doing business in Utah.

Representative Wheatley, the sponsor, described the…

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