WA People
BILL · 2005–06 SESSION · LATEST VERSION SSB 5266

SB 5266: Customer financial transactn

Reserving state authority to regulate customer financial transactions.

Summary

  • Prohibits cities, towns, counties, and other local governmental entities from regulating the terms or conditions or disclosures of financial transactions between a consumer and a financial institution or a business or profession regulated by the Department of Financial Institutions.

From the Substitute House Bill Report (SSB 5266), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 338, Laws of 2005
  1. IntroducedJan 19, 2005
  2. Out of committeeJan 28, 2005
  3. Passed SenateMar 9, 2005
  4. Passed HouseApr 5, 2005
  5. GovernorMay 9, 2005
  6. LawMay 9, 2005
Prime sponsor
Darlene Fairley (D-32)
Introduced
January 19, 2005 in the Senate
Last action
May 9, 2005
Session law
Chapter 338, Laws of 2005
Companion bill
HB 1419
Versions
SB 5266, SSB 5266

AN ACT Relating to reserving state authority to regulate the customer transactions of financial service providers under the jurisdiction of the department of financial institutions;

Sponsors

Prime sponsor: Darlene Fairley (D-32)

3 co-sponsors (1 Democrat, 2 Republicans)

Brad Benson R-6Margarita Prentice D-11Don Benton R-17

Votes

Senate · 3rd Reading & Final Passage

Passed March 9, 2005
Version voted on: SSB 5266
41 Yea 4 Nay 1 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat20402
Republican21011
How each member voted

Absent (1)

Excused (3)

Permalink to this vote

House · Final Passage as Amended by the House

Passed April 5, 2005
Version voted on: SSB 5266
95 Yea 0 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat53003
Republican42000
How each member voted

Yea (95)

Excused (3)

Permalink to this vote

Senate · Final Passage as Amended by the House

Passed April 16, 2005
Version voted on: SSB 5266
39 Yea 3 Nay 0 Absent 7 Excused
PartyYeaNayAbsentExcused
Democrat19304
Republican20003
How each member voted
Permalink to this vote

History

  1. Effective date 7/24/2005. (SSB 5266)
  2. Chapter 338, 2005 Laws. (SSB 5266)
  3. Governor signed. (SSB 5266)
  4. Delivered to Governor. (SSB 5266)
  5. Speaker signed. (SSB 5266)
  6. President signed. (SSB 5266)
  7. Passed final passage; yeas, 39; nays, 3; absent, 0; excused, 7. (SSB 5266)
  8. Senate concurred in House amendments. (SSB 5266)
  9. Third reading, passed; yeas, 95; nays, 0; absent, 0; excused, 3. (SSB 5266)
  10. Rules suspended. Placed on Third Reading. (SSB 5266)
  11. Committee amendment adopted with no other amendments. (SSB 5266)
  12. Placed on second reading by Rules Committee. (SSB 5266)
  13. Passed to Rules Committee for second reading. (SSB 5266)
  14. FII - Executive action taken by committee. (SSB 5266)
  15. FII - Majority; do pass with amendment(s). (SSB 5266)
  16. First reading, referred to Financial Institutions & Insurance. (SSB 5266)
  17. Third reading, passed; yeas, 41; nays, 4; absent, 1; excused, 3. (SSB 5266)
  18. Rules suspended. Placed on Third Reading. (SSB 5266)
  19. 1st substitute bill substituted. (SSB 5266)
  20. 1st substitute bill substituted.
  21. Placed on second reading by Rules Committee. (SSB 5266)
  22. Placed on second reading by Rules Committee.
  23. Made eligible to be placed on second reading. (SSB 5266)
  24. Made eligible to be placed on second reading.
  25. Passed to Rules Committee for second reading. (SSB 5266)
  26. FHC - Majority; 1st substitute bill be substituted, do pass. (SSB 5266)
  27. FHC - Majority; 1st substitute bill be substituted, do pass.
  28. Passed to Rules Committee for second reading.
  29. First reading, referred to Financial Institutions, Housing & Consumer Protection.

SB 5266 in other sessions

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

Report wrong or missing information on this page