Why they voted this way
The lawmaker supports the bill because it provides a financing option for individuals with lower credit scores who otherwise cannot access short-term loans.
Public statementFloor statement at 25:10 Watch the statement
Wyoming2014Did Not Pass
HB0171
Wyoming House Bill 0171: Rules for Automobile Title Loans
Last scannedOct 18, 2026, 2:19 AM
In one sentence
This bill proposed creating new rules for lenders offering short-term loans secured by car titles, including licensing requirements and specific limits on finance charges.
What it does
- Creates a new law section called W.S. 40-14-366.
- Defines a special motor vehicle title loan as a loan secured by an interest in the title to a motor vehicle with a term of not more than 12 months or other similar arrangement.
- Requires persons engaging in the business of offering these loans to be licensed in accordance with W.S. 40-14-634.
- Limits the finance charge to the greater of $30 per month or 20% per month on the principal balance of the loan.
- States that the finance charge is fully earned on the day the loan contract or similar arrangement is made.
- Prohibits repaying, refinancing, or consolidating a special motor vehicle title loan using proceeds from another short-term motor vehicle title loan accepted by the same lender.
Who it affects
- Persons or businesses that offer special motor vehicle title loans.
- Borrowers who enter into contracts for loans secured by their vehicle titles.
Limits and unknowns
- The bill did not pass and failed introduction in the House on February 14, 2014.
- The bill text is labeled as a 'Working Draft,' which may not reflect the final version if it had passed.
- The bill does not specify penalties for violating the new rules.
Plain language
Terms to know
- Special motor vehicle title loan
- A loan secured by an interest in the title to a motor vehicle with a term of not more than 12 months or other similar arrangement.
- Finance charge
- The amount charged in connection with the loan, which is limited by the bill to the greater of $30 per month or 20% per month on the principal balance.
- Licensure
- The requirement to obtain a license in accordance with W.S. 40-14-634 to engage in the business of offering special motor vehicle title loans.
Official record
Sources
Public statements
Why lawmakers voted
Last checked Aug 7, 6:18 AM
Why they voted this way
The lawmaker supports the bill because it includes safeguards requiring applicants to have a clear vehicle title.
Public statementFloor statement at 26:14 Watch the statement
If a lawmaker is not listed, we couldn't find a published reason.
Wyoming roll calls
Recorded votes
1 roll call
H Failed Introduction 28-30-2-0-02014-02-14 · House28 yes 30 no
- Yes
- 28
- No
- 30
- Absent
- 0
- Excused
- 2
- Conflict
- 0
Yes 28
Carl R LoucksH59David H BlevinsH25David R MillerH55Dn.Donald E Burkhart JrH15Elaine HarveyH26Eric BarlowR · H03Hans HuntH02Jerry D PaxtonH47Katherine K ColemanH30Kendell R KroekerH35Kermit C BrownH14Lloyd LarsenR · H54Lynn HutchingsR · H42Mark H BakerH48Matthias E GreeneH45Norine A KasperikH32Richard L CannadyH06Rita CampbellH34Rosie M BergerH51Ruth A PetroffH16Samuel P KroneH24Steve HarshmanR · H37Thomas A LockhartH57Thomas F ReederH58Timothy M StubsonH56Tom Lubnau IIH31Zwonitzer
No 30
Albert P Sommers Jr.H20Allen M JaggiH19Catherine R ConnollyH13Dan R KirkbrideH04Garry C PiiparinenH49Gerald GayH36Glenn W MonizH46Gregory R BlikreH53James W ByrdH44John C EklundH10John L FreemanH60John W PattonH29Kathleen DavisonH18Keith M GingeryH23Ken A EsquibelH41Lee FilerD · H12Mark SemlekH01Martha D HalversonH22Mary A ThroneH11Matt TeetersH05Michael K MaddenH40Nathan A WintersH28Nicholas BRobert M McKimH21Stanley L BlakeH39Stephen D WattH17Susan S WilsonH07Thomas J WaltersH38Troy R MaderH52W. Patrick P GogglesH33
Official activity
Bill history
- H Failed IntroductionHouse
- H Received for IntroductionHouse
- Bill Number AssignedLSO