# West Virginia SB 702: Setting new maximum annual interest rate for regulated consumer lenders on certain loans

West Virginia SB 702, Setting new maximum annual interest rate for regulated consumer lenders on certain loans, is a 2026 Regular Session Senate bill sponsored by Mike Azinger (Republican); status failed, last action 2026-02-12 (Reported do pass, but first to Finance) (as of 2026-11-04).

- Canonical: https://policyrisk.com/state-bill/WV-SB702-2026rs
- As of: 2026-11-04
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: West Virginia SB 702
- State: West Virginia
- Session: 2026 Regular Session
- Title: Setting new maximum annual interest rate for regulated consumer lenders on certain loans
- Status: failed
- Chamber: Senate
- Introduced: 2026-02-02
- Last action: 2026-02-12, Reported do pass, but first to Finance
- Sponsor: Mike Azinger (Republican)
- Cosponsors: 0
- Subjects: §46A-4-107, Senate Finance
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Mike Azinger (Republican), Senate

## Actions (6)

- 2026-02-12: Reported do pass, but first to Finance (Senate)
- 2026-02-12: To Finance (Senate)
- 2026-02-02: Filed for introduction (Senate)
- 2026-02-02: To Banking and Insurance then Finance (Senate)
- 2026-02-02: Introduced in Senate (Senate)
- 2026-02-02: To Banking and Insurance (Senate)

## Bill text

- Introduced Version: [HTML](https://www.wvlegislature.gov/Bill_Text_HTML/2026_SESSIONS/RS/bills/sb702 intr.htm), [PDF](https://www.wvlegislature.gov/Bill_Text_HTML/2026_SESSIONS/RS/bills/sb702 intr.pdf)

## Related bills

- HB 5694: Supplemental appropriation to Department of Education, fund 0313. (signed)
- HB 5353: To bring virtual currency kiosks within the purview of money transmission licensure and create disclosure requirements and daily transaction limitations for ne… (signed)
- HB 4452: To remove Mortmain restrictions on religious organizations (signed)
- HB 4390: Relating to the temporary payment to a kinship parent of a subsidy equal to that of a foster parent (signed)
- HB 4354: Relating to necessity allowance (signed)
- HB 4191: Relating to providing child care generally (became law)

## Sources
- [Introduced Version (HTML)](https://www.wvlegislature.gov/Bill_Text_HTML/2026_SESSIONS/RS/bills/sb702 intr.htm)
- [Introduced Version (PDF)](https://www.wvlegislature.gov/Bill_Text_HTML/2026_SESSIONS/RS/bills/sb702 intr.pdf)

## Related
- [HB 5694: Supplemental appropriation to Department of Education, fund 0313.](https://policyrisk.com/state-bill/WV-HB5694-2026rs)
- [HB 5353: To bring virtual currency kiosks within the purview of money transmission licen…](https://policyrisk.com/state-bill/WV-HB5353-2026rs)
- [HB 4452: To remove Mortmain restrictions on religious organizations](https://policyrisk.com/state-bill/WV-HB4452-2026rs)
- [HB 4390: Relating to the temporary payment to a kinship parent of a subsidy equal to tha…](https://policyrisk.com/state-bill/WV-HB4390-2026rs)
- [HB 4354: Relating to necessity allowance](https://policyrisk.com/state-bill/WV-HB4354-2026rs)
- [HB 4191: Relating to providing child care generally](https://policyrisk.com/state-bill/WV-HB4191-2026rs)
- [West Virginia bills](https://policyrisk.com/states/west-virginia/bills)
- [West Virginia state hub](https://policyrisk.com/states/west-virginia)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/WV-SB702-2026rs (as of 2026-11-04).