The House Commerce and Energy Committee has killed a bill that would have established a maximum rate of interest on debt arising out of medical services.
HB 1152 would have set the maximum interest rate payable on any debt arising out of medical services performed in the state at no more than the Category A official state interest rate, which is currently set at 4.5 percent per year.
The committee deferred the bill to the 41st legislative day on a 10-2 vote.
