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BILL · 2003–04 SESSION · LATEST VERSION SHB 1759

HB 1759: Financial inst law parity

Providing financial institution law parity.

Summary

Grants state chartered banks the same powers and authorities conferred upon state chartered thrifts.
Clarifies existing law by explicitly granting to state chartered banks and thrifts those powers and authorities that are available to federally chartered financial institutions.
Allows state chartered financial institutions to charge the maximum interest rate allowable for federally chartered financial institutions.

From the Substitute House Bill Report (SHB 1759), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 24, Laws of 2003

IntroducedFeb 7, 2003
Out of committeeMar 4, 2003
Passed HouseMar 11, 2003
Passed SenateApr 8, 2003
GovernorApr 16, 2003
LawApr 16, 2003

Prime sponsor: Shay Schual-Berke (D-33)
Introduced: February 7, 2003 in the House
Last action: April 16, 2003
Session law: Chapter 24, Laws of 2003
Companion bill: SB 5714
Versions: HB 1759, SHB 1759

AN ACT Relating to financial institution law parity;

Sponsors

Prime sponsor: Shay Schual-Berke (D-33)

1 co-sponsor (0 Democrats, 1 Republican)

Brad Benson R-6

Votes

House · Final Passage

Passed March 11, 2003

Version voted on: SHB 1759

91 Yea 1 Nay 0 Absent 6 Excused

Party	Yea	Nay	Absent	Excused
Democrat	50	0	0	2
Republican	41	1	0	4

How each member voted

Yea (91)

Nay (1)

Richard DeBolt R-20

Excused (6)

Permalink to this vote

Senate · 3rd Reading & Final Passage

Passed April 8, 2003

Version voted on: SHB 1759

47 Yea 0 Nay 0 Absent 2 Excused

Party	Yea	Nay	Absent	Excused
Democrat	24	0	0	0
Republican	23	0	0	2

How each member voted

Yea (47)

Excused (2)

Dino Rossi R-5
Val Stevens R-39

Permalink to this vote

History

Apr 16, 2003Governor signed. (SHB 1759)
Apr 16, 2003Effective date 7/27/2003. (SHB 1759)
Apr 16, 2003Chapter 24, 2003 Laws. (SHB 1759)
Apr 10, 2003Delivered to Governor. (SHB 1759)
Apr 9, 2003Speaker signed. (SHB 1759)
Apr 9, 2003President signed. (SHB 1759)
Apr 8, 2003Third reading, passed; yeas, 47; nays, 0; absent, 0; excused, 2. (SHB 1759)
Apr 8, 2003Rules suspended. Placed on Third Reading. (SHB 1759)
Apr 4, 2003Passed to Rules Committee for second reading. (SHB 1759)
Apr 4, 2003Placed on second reading by Rules Committee. (SHB 1759)
Apr 3, 2003FSIH - Majority; do pass. (SHB 1759)
Mar 12, 2003First reading, referred to Financial Services, Insurance & Housing. (SHB 1759)
Mar 11, 2003Third reading, passed; yeas, 91; nays, 1; absent, 0; excused, 6. (SHB 1759)
Mar 11, 2003Placed on third reading. (SHB 1759)
Mar 11, 2003Committee recommendations adopted and the 1st substitute bill substituted. (SHB 1759)
Mar 11, 2003Committee recommendations adopted and the 1st substitute bill substituted.
Mar 7, 2003Placed on second reading suspension calendar by Rules Committee. (SHB 1759)
Mar 7, 2003Placed on second reading suspension calendar by Rules Committee.
Mar 4, 2003Passed to Rules Committee for second reading. (SHB 1759)
Mar 4, 2003Passed to Rules Committee for second reading.
Feb 28, 2003FII - Majority; 1st substitute bill be substituted, do pass. (SHB 1759)
Feb 28, 2003FII - Majority; 1st substitute bill be substituted, do pass.
Feb 28, 2003FII - Executive action taken by committee.
Feb 7, 2003First reading, referred to Financial Institutions & Insurance.

HB 1759 in other sessions

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

HB 1759 (2025–26) Day of the 12s · Did not pass · passed House, stalled in Senate
HB 1759 (2023–24) Chinese American month · Did not pass · died in committee
HB 1759 (2021–22) School websites/drug info. · Did not pass · passed House, stalled in Senate
HB 1759 (2019–20) Veteran diversion/invol comm · Did not pass · died in committee
HB 1759 (2017–18) Crime victims/communicating · Did not pass · stalled on the House floor
HB 1759 (2015–16) Computer data ctrs, tax exem · Did not pass · died in committee
HB 1759 (2013–14) Veterans' assistance levies · Did not pass · died in committee
HB 1759 (2011–12) Counseling definitions · Did not pass · died in committee

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