Of 14 Senate and House bills introduced this session to regulate payday lending, five have survived. They are:

SB 5415: Codifies "military best practices," which the industry voluntarily adopted, that apply only to military borrowers.

SB 5484: Requires payday licensees to provide data adequate to obtain an accurate understanding of the practices, demographics, legal compliance and profitability of payday lenders to the state Department of Financial Institutions (DFI).

SB 5486: Subjects out-of-state payday lenders, including those that operate over the Internet, to state regulation.

SB 5686: Subjects brokers who operate with out-of-state banks to state regulation.

HB 2019: Offers borrowers a longer repayment option in limited circumstances and requires payday lenders to report to DFI data necessary to monitor its business and its participation with the community to further financial literacy.

Bills that did not advance out of committee, among other things, would have: extended DFI's enforcement powers to prosecute payday lenders for "extortionate extensions of credit"; limited borrowers to having one outstanding loan every 60 days; allowed borrowers to skip a payday to repay a loan at no additional fee; reduced to $500 the maximum amount of a loan; cut the maximum fee per $100 loan increment from $15 to $10; and established a real-time database to let DFI and lenders know how many outstanding loans an individual borrower might have at a given time, and limited the total number to four.

— Peter Lewis