Texas · 89th Legislature (2025) · Bill

HB 476: Relating to the maximum permitted rate of interest, sum of fees, and other amounts that may be charged in connection with deferred presentment transactions; creating a criminal offense.

In committee Last action February 28, 2025: Referred to Pensions, Investments & Financial Services

Plain-language summary

HB 476 is a bill introduced in the Texas House on November 12, 2024. According to its official title, it concerns: Relating to the maximum permitted rate of interest, sum of fees, and other amounts that may be charged in connection with deferred presentment transactions; creating a criminal offense. Primary sponsor: John Bucy (Democratic). Most recent recorded action (February 28, 2025): Referred to Pensions, Investments & Financial Services.

Sponsors

Primary sponsor: John Bucy (Democratic).