Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Senator Talbot asks committee to cap interest on medical debt at 3%
Senate Commerce Committee · May 6, 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
Sen. Talbot presented SB 414 to cap interest on medical debt at 3%, saying the bill focuses on debt from life-saving procedures and aligns with actions in other states; a staff amendment was adopted and the committee moved the bill as amended.
Senator Talbot told the committee he was bringing a narrowed medical-debt bill that keeps a 3% interest-rate cap on medical debt. "Basically, members, what we're doing is we're just capping the interest rate on medical debt at 3%, which is…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans
