BILL · 1997–98 SESSION · LATEST VERSION SHB 2321

HB 2321: Consumer loan company fees

Allowing consumer loan companies to charge borrowers fees for services provided by third parties.

Summary

  • The restriction on the types of expenses the consumer loan company may recover is removed. Instead of being limited to fees incurred for title insurance, appraisals, recording, reconveying and releasing, the consumer loan company may now charge the borrower for any fees it incurs from third parties in connection with preparing the borrower = s loan.

From the Substitute Senate Bill Report (SHB 2321), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 28, Laws of 1998
  1. IntroducedJan 12, 1998
  2. Out of committee
  3. Passed HouseJan 26, 1998
  4. Passed SenateMar 2, 1998
  5. Governor
  6. LawMar 12, 1998
Prime sponsor
Les Thomas (R-31)
Introduced
January 12, 1998 in the House
Last action
March 12, 1998
Session law
Chapter 28, Laws of 1998
Versions
HB 2321, SHB 2321

Sponsors

Prime sponsor: Les Thomas (R-31)

2 co-sponsors (1 Democrat, 1 Republican)

Votes

House · Final Passage

January 26, 1998
Version voted on: SHB 2321
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat40001
Republican57000
How each member voted

Yea (97)

Excused (1)

Senate · Final Passage

March 2, 1998
Version voted on: SHB 2321
46 Yea 0 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat22001
Republican24002
How each member voted

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 2321 in other sessions

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

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