Missouri legislation · 2026 Regular Session
Missouri HB3021: Changes the laws regarding consumer credit interest rates
Status: In committee, May 15, 2026
What the bill says
From the introduced text:
SECOND REGULAR SESSION HOUSE BILL NO. 3021 103RD GENERAL ASSEMBLY INTRODUCED BY REPRESENTATIVE FOGLE. 5145H.01I JOSEPH ENGLER, Chief Clerk To repeal sections 367.515, 408.500, 408.505, and 408.510, RSMo, and to enact in lieu thereof six new sections relating to small loans, with penalty provisions and a referendum clause. Section A. Sections 367.515, 408.500, 408.505, and 408.510, RSMo, are repealed and six new sections enacted in lieu thereof, to be known as sections 367.105, 367.515, 408.101, 408.500, 408.505, and 408.510, to read as follows: 367.105. Any person making or offering a consumer credit loan shall contract for and receive interest and fees in accordance with sections 408.100, 408.101, 408.140, and 408.170, and such loan shall be subject to all provisions of sections 408.100, 408.101, 408.140, and 408.170. 367.515. A title lender shall contract for and receive simple interest and fees in accordance with sections 408.100, 408.101,and 408.140, and such interest and fees shall be subject to all provisions of sections 408.100, 408.101, and 408.140. 408.101. 1. On any loan subject to this section, any person, firm, or corporation may charge, contract for, and receive interest on the unpaid principal balance at rates agreed to by the parties, provided that the combined interest, fees, and finance charges shall not exceed an annual percentage rate of thirty-six percent. 2. No person, firm, or …
Sponsors
- Fogle, Betsy (D, 135) · primary sponsor
Latest actions
- : Referred: Emerging Issues(H)
- : Read Second Time (H)
- : Introduced and Read First Time (H)
Common questions
- What is HB3021?
- HB3021 is a bill in the Missouri Legislature (2026 Regular Session): Changes the laws regarding consumer credit interest rates.
- What is the status of HB3021?
- In committee as of May 15, 2026. Latest action: Referred: Emerging Issues(H) (May 15, 2026).
- Who sponsored HB3021?
- Fogle, Betsy (D, 135).
- Where is the official record for HB3021?
- On the Missouri Legislature website: https://house.mo.gov/BillContent.aspx?bill=HB3021&year=2026&code=R
Source: official Missouri record. Tracked by Delilah, AI for legislation across all 50 states and Congress.