WA People
BILL · 2001–02 SESSION

HB 1205: Consumer loan companies

Licensing and regulation of consumer loan companies.

Summary

  • $ Amends and augments the Consumer Loan Act to define prohibited practices, add consumer protection provisions, tighten licensing regulations, expand enforcement powers, impose disclosure requirements, and clarify rule making authority.

From the House Bill Analysis (HB 1205), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 81, Laws of 2001
  1. IntroducedJan 19, 2001
  2. Out of committeeFeb 1, 2001
  3. Passed HouseFeb 20, 2001
  4. Passed SenateApr 6, 2001
  5. GovernorApr 19, 2001
  6. LawApr 19, 2001
Prime sponsor
Karen Keiser (D-33)
Introduced
January 19, 2001 in the House
Last action
April 19, 2001
Session law
Chapter 81, Laws of 2001
Requested by
Other
Companion bill
SB 5066
Budget
Has a fiscal note

AN ACT Relating to licensing and regulation of consumer loan companies;

Sponsors

Prime sponsor: Karen Keiser (D-33)

4 co-sponsors (2 Democrats, 2 Republicans)

Richard DeBolt R-20Kelly Barlean R-10Geoff Simpson D-47Sharon Tomiko Santos D-37

Votes

House · Final Passage

Passed February 20, 2001
Version voted on: HB 1205
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat49000
Republican48001
How each member voted

Yea (97)

Excused (1)

Permalink to this vote

Senate · 3rd Reading & Final Passage

Passed April 6, 2001
Version voted on: HB 1205
45 Yea 0 Nay 0 Absent 4 Excused
PartyYeaNayAbsentExcused
Democrat24001
Republican21003
How each member voted

Yea (45)

Excused (4)

Permalink to this vote

History

  1. Effective date 7/22/2001.
  2. Chapter 81, 2001 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. Speaker signed.
  6. President signed.
  7. Third reading, passed; yeas, 45; nays, 0; absent, 0; excused, 4.
  8. Rules suspended. Placed on Third Reading.
  9. Placed on second reading by Rules Committee.
  10. Made eligible to be placed on second reading.
  11. Passed to Rules Committee for second reading.
  12. LCF - Majority; do pass.
  13. First reading, referred to Labor, Commerce & Financial Institutions.
  14. Third reading, passed; yeas, 97; nays, 0; absent, 0; excused, 1.
  15. Rules suspended. Placed on Third Reading.
  16. Placed on second reading by Rules Committee.
  17. Passed to Rules Committee for second reading.
  18. FII - Majority; do pass.
  19. FII - Executive action taken by committee.
  20. First reading, referred to Financial Institutions & Insurance.

HB 1205 in other sessions

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

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