WA People
BILL · 1995–96 SESSION

HB 1638: Small loan fees

Increasing fees for certain small loans.

Summary

  • Requires a licensee to obtain an endorsement to the license before engaging in the business of making small loans. Limits the fee for small loans to no more than fifteen percent of the principal amount. Requires licensees to post a security bond or deposit funds in a trust account.

From the Bill Digest (HB 1638), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 2, 1995
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Todd Mielke (R-6)
Introduced
February 2, 1995 in the House
Last action
January 8, 1996
Budget
Has a fiscal note

Sponsors

Prime sponsor: Todd Mielke (R-6)

4 co-sponsors (1 Democrat, 3 Republicans)

Dennis Dellwo D-3Bill Thompson R-44Tom Campbell R-2Phil Dyer R-5

Votes

No recorded floor votes. This measure never reached a floor vote.

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

HB 1638 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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