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Committee reports bill to curb certain prepayment penalties in lending
Commerce Committee · April 28, 2026
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 23 91, sponsored by Chairman Scott Conklin, would prohibit specified prepayment penalties in certain lending transactions; the committee reported the bill by a vote the clerk recorded as 14 ayes and 12 nays.
The Commerce Committee voted to report House Bill 23 91 to the next legislative stage. A staff reader summarized the bill as providing prohibitions on the use of…
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