WA People
BILL · 1997–98 SESSION · LATEST VERSION EHB 1411

HB 1411: Consumer loan fees

Authorizing the collection of fees for consumer loans.

Summary

  • The loan origination fee limitation is removed for real estate loans made by consumer loan companies until June 30, 2002; after that date, the previous limitation of 4 percent of the first $20,000 and 2 percent thereafter is reinstated.

From the Senate Bill Report (HB 1411), written by the Legislature's nonpartisan staff. Read the full report ↗

Vetoed Vetoed by the Governor
  1. IntroducedJan 24, 1997
  2. Out of committee
  3. Passed HouseMar 7, 1997
  4. Passed SenateApr 15, 1997
  5. Vetoedstopped here
  6. Law
Prime sponsor
Les Thomas (R-31)
Introduced
January 24, 1997 in the House
Last action
April 25, 1997

Sponsors

Prime sponsor: Les Thomas (R-31)

4 co-sponsors (1 Democrat, 3 Republicans)

Bill Grant D-16Paul Zellinsky R-23Richard DeBolt R-20Brad Benson R-6

Votes

House · Final Passage

March 7, 1997
Version voted on: EHB 1411
70 Yea 25 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat162501
Republican54002
How each member voted

Yea (70)

Excused (3)

Permalink to this vote

Senate · Final Passage

April 15, 1997
Version voted on: EHB 1411
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat23000
Republican26000
How each member voted

Yea (49)

Permalink to this 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 1411 in other sessions

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

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