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Minnesota · 2025-2026 Regular Session · Bill

HF 5162: Credit card annual percentage rates limited to ten percent.

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HF 5162 is a bill introduced in the Minnesota House on May 17, 2026. According to its official title, it concerns: Credit card annual percentage rates limited to ten percent. Primary sponsor: Alex Falconer (Democratic-Farmer-Labor). Most recent recorded action (May 17, 2026): Introduction and first reading, referred to Commerce Finance and Policy.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Sponsors

Sponsors by party (alphabetical): Democratic-Farmer-Labor 1

NameRolePartyChamberDistrict
Alex FalconerPrimary sponsorDemocratic-Farmer-LaborHouse49A

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Introduction and first reading, referred to Commerce Finance and Policy

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source