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Committee advances bill adding state penalty for title-pawn lenders dealing with service members
Summary
The Defense & Veterans Affairs committee passed House Bill 110, which adds a state-level civil penalty for title-pawn lenders who transact with protected active-duty service members; the bill mirrors federal protections and was approved by unanimous voice vote.
Chairman Bonner presented House Bill 110 as a carryover aimed at strengthening consumer protections for active-duty service members.
"This simply adds an additional state level protection for our active component service members," Chairman Bonner said, describing a civil penalty provision tied to title-pawn transactions.
The bill, presented under legislative file LC…
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