WA SB5920 | 2009-2010 | Regular Session


Status

March 15 2010 - By resolution, reintroduced and retained in present status.
Text: Latest bill text (Comm Sub) [PDF]

Summary

Restricting the underwriting of small loans by financial institutions holding a check cashers license and small loan endorsement by including a cap of thirty percent of the borrower's gross monthly income on the combined outstanding principal balances of all small loans.

Tracking Information

Register now for our free OneVote public service or GAITS Professional trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Track Bill or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Restricting the underwriting of small loans by financial institutions holding a check cashers license and small loan endorsement by including a cap of thirty percent of the borrower's gross monthly income on the combined outstanding principal balances of all small loans.

Sponsors


History

DateChamberAction
2010-03-15 By resolution, reintroduced and retained in present status.
2010-01-11 By resolution, reintroduced and retained in present status.
2009-03-25 Senate Rules "X" file.
2009-03-03 Placed on second reading by Rules Committee.
2009-02-25 Passed to Rules Committee for second reading.
2009-02-25 Minority; without recommendation.
2009-02-25 Minority; do not pass.
2009-02-25 LCCP - Majority; 1st substitute bill be substituted, do pass.
2009-02-23 Executive action taken in the Senate Committee on Labor and Commerce & Consumer Protection at 6:00 PM.
2009-02-10 Public hearing in the Senate Committee on Labor and Commerce & Consumer Protection at 1:30 PM.
2009-02-06 First reading, referred to Labor, Commerce & Consumer Protection.

Washington State Sources


Bill Comments

feedback