Extends certain provisions relating to installment loans and obligations evidencing installment loans
This bill extends the expiration date for specific rules governing installment loans and related financial obligations from September 30, 2026, to September 30, 2029. These regulations primarily affect lenders and borrowers by ensuring that current legal requirements for these loan types remain in place for an additional three years. The legislation takes effect immediately upon passage and does not introduce new loan terms or conditions, but rather delays the automatic repeal of existing provisions.
Bill status
in committee
3 of 5 stages cleared
Introduction
Apr 2026
Committee Review
May 2026
Senate Passage
May 2026
Assembly Passage
Governor
Introduced Apr 13, 2026
Last action Jun 4, 2026
Floor votes · Senate May 28, 2026
How they voted
21–0
Passed
Total votes 21
May 28, 2026
D
Democratic14
100% Yea
R
Republican7
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
6
Key actions
1
Committee
3
May 28, 2026
Committee
COMMITTEE DISCHARGED AND COMMITTED TO RULES
upper
May 28, 2026
Senate · Passed
Senate Vote: pass (21-0)
senate
May 5, 2026
Committee
REPORTED AND COMMITTED TO FINANCE
upper
Apr 13, 2026
Committee
REFERRED TO LOCAL GOVERNMENT
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Chris Ryan
DDemocratic
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