BILL · 2005–06 SESSION
SB 5481: Credit/extortionate extensn
Prosecuting the extortionate extension of credit by check cashers and sellers.
Summary
- DFI's enforcement authority to take actions against licensees and applicants is broadened to include the option of prosecuting "extortionate extensions of credit," under Washington State's criminal profiteering act.
From the Senate Bill Report (SB 5481), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 26, 2005
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Darlene Fairley (D-32)
- Introduced
- January 26, 2005 in the Senate
- Last action
- January 9, 2006
AN ACT Relating to the extortionate extension of credit;
Sponsors
Prime sponsor: Darlene Fairley (D-32)
2 co-sponsors (2 Democrats, 0 Republicans)
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, Housing & Consumer Protection.
SB 5481 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 5481 (2025–26) Behavioral health/schools
- SB 5481 (2023–24) Uniform telehealth act
- SB 5481 (2021–22) Transportation funding bonds
- SB 5481 (2019–20) Collective bargaining/WDFW
- SB 5481 (2017–18) Breast cancer coverage info.
- SB 5481 (2015–16) Tolling customer service
- SB 5481 (2013–14) DSHS supported living prog.
- SB 5481 (2011–12) Natural resource partnership