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HF 5162

Minnesota House of Representatives bill in Session 2026 Regular.

Status: in_committee. Latest action: May 17, 2026.

A bill for an act relating to financial institutions; limiting credit card annual percentage rates to ten percent; amending Minnesota Statutes 2024, sections 47.59, subdivision 3; 48.185, subdivision 3, by adding a subdivision; 52.14, subdivision 2; proposing coding for new law in Minnesota Statutes, chapter 52.

Bill ID MN-2026-Regular-HF-5162
Session 2026 Regular
Status in_committee
Committee Commerce Finance and Policy
House of Representatives in_committee 2026-05-17
Summary

Credit card annual percentage rates limited to ten percent.

Sponsor
Alex Falconer
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-05-17 Introduced Bill introduced
2026-05-17 Status in_committee
2026-05-17 Latest Action Introduction and first reading, referred to Commerce Finance and Policy pg. 7738 Intro
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