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Committee weighs ban on pet‑sale financing after constituent complaint and Attorney General inquiry
Summary
Senate Bill 528 would prohibit financing agreements for the sale of dogs and cats after a constituent reported being charged high interest on a pet purchase; retailers warned the ban could harm small businesses that rely on third‑party financing.
Senator Kim Hammer opened discussion of Senate Bill 528 by describing a constituent case an Attorney General complaint is now investigating: an 18‑year‑old buyer purchased a corgi with financing and later faced high interest and veterinary costs. "Making minimum payments on $4,800 alone is $177 per month. It'll take 13 years to pay it off," the sponsor said when describing…
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