Bill
Bill > HB4651
summary
Introduced
01/21/2026
01/21/2026
In Committee
02/06/2026
02/06/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
The purpose of this bill is to permit the collection of interest or attempts to collect any interest or other charge, fee or expense on a debt when that charge or expense is expressly authorized by either the agreement creating or modifying the obligation or by statute or regulation instead of requiring both the agreement and a statute tor regulation.
AI Summary
This bill amends existing West Virginia law to clarify when debt collectors can charge interest or other fees on a debt. Previously, debt collectors needed both the original agreement creating the debt and a statute or regulation to authorize these additional charges. This bill changes that requirement, allowing debt collectors to charge interest or other fees if they are authorized by *either* the agreement *or* by a statute or regulation, making it easier to collect these amounts. This change is intended to simplify the process for collecting authorized charges on debts.
Committee Categories
Justice
Sponsors (1)
Last Action
To House Courts (on 02/06/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=4651&year=2026&sessiontype=RS&btype=bill |
| BillText | http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb4651%20intr.htm&yr=2026&sesstype=RS&i=4651 |
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