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House adopts consumer‑lending reforms aimed at payday‑lender oversight
Utah House of Representatives · February 24, 2020
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Summary
The House passed HB319 to tighten reporting and borrower protections in the payday/consumer lending market, including limits on loans designed to skirt the 10‑week cap and a requirement of an extended payment plan before court collection; vote was 72‑0.
House Bill 319, a negotiated consumer‑lending package, passed the Utah House on Feb. 24 by a unanimous recorded vote of 72‑0.
Representative Dott presented the bill as the product of audit follow‑up and industry negotiation. The substitute clarifies registration rules…
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