Interest Rates - As enacted, increases, from 30 to 36 percent per annum, the maximum permitted effective rate of interest that may be contracted for by an industrial loan and thrift company on an unpaid balance where the amount financed is $100 or more; makes other related changes. - Amends TCA Title 45, Chapter 5.

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 1 History 14 Sponsors

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Chamber: House
Introduced: Feb 4, 2025
Last action: Apr 8, 2025 — Comp. became Pub. Ch. 70
Session: 114
Momentum: 45 · Moderate

PASSAGE PROBABILITY

45.4% Uncertain

Why this number

Stage base Reported from Committee — base rate 69%, measured from TN's completed sessions
Momentum -1 45/100 from the pace of recorded action
Time since last action -22 553 days quiet

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