BILL · 2005–06 SESSION
HB 2020: Payday lending practices
Regulating payday lending practices.
Summary
- Requires the Department of Financial Institutions (DFI) to implement a common data base with real-time access through an internet connection for licensees who make small loans.
- Requires licensees to submit specified data before entering into a small loan or payment plan.
- Requires licensees to check to see if a prospective borrower has outstanding small loans or payment plans.
- Prohibits licensees from entering into a small loan or payment if the prospective borrower has four outstanding small loans, four payment plans, or any combination of four outstanding small loans or payment plans with any one licensee or all licensees combined.
- Exempts any identifying information in the database from public disclosure
From the House Bill Analysis (HB 2020), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedFeb 15, 2005
- Out of committeestopped here
- Passed House
- Passed Senate
- Governor
- Law
- Prime sponsor
- Shay Schual-Berke (D-33)
- Introduced
- February 15, 2005 in the House
- Last action
- January 9, 2006
- Budget
- Has a fiscal note
AN ACT Relating to payday lending practices;
Sponsors
Prime sponsor: Shay Schual-Berke (D-33)
30 co-sponsors (30 Democrats, 0 Republicans)
Eric Pettigrew D-37Phyllis Gutierrez Kenney D-46Jeannie Darneille D-27Eileen Cody D-34Mary Lou Dickerson D-36Ruth Kagi D-32Bob Hasegawa D-11John McCoy D-38Joe McDermott D-34Patricia Lantz D-26John Lovick D-44Dennis Flannigan D-27Zack Hudgins D-11Senator D-22Pat Sullivan D-47Lynn Kessler D-24Steve Conway D-29Tami Green D-28Dawn Morrell D-25Timm Ormsby D-3Al O'Brien D-1Maralyn Chase D-32Jim Moeller D-49Dave Quall D-40Brian Sullivan D-21Jim McIntire D-46Brendan Williams D-22Steve Kirby D-29Mark Ericks D-1Dave Upthegrove D-33
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- First reading, referred to Financial Institutions & Insurance.
HB 2020 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 2020 (2025–26) Payment card processing/tax
- HB 2020 (2023–24) Public infra. assistance prg
- HB 2020 (2021–22) Sustainable housing/GMA
- HB 2020 (2019–20) Employment investigations
- HB 2020 (2017–18) Agritourism liability
- HB 2020 (2015–16) Utility emissions reduction
- HB 2020 (2013–14) Firearm parts and ammunition
- HB 2020 (2011–12) Capital projects