BILL · 2005–06 SESSION
SB 5482: Small loans
Limiting a borrower to one outstanding small loan.
Summary
- Payday loan borrowers are limited to one outstanding loan every sixty days.
From the Senate Bill Report (SB 5482), 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 small loans;
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 5482 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 5482 (2025–26) Use of dogs to hunt
- SB 5482 (2023–24) Margin tax
- SB 5482 (2021–22) Additive trans funding
- SB 5482 (2019–20) Medical marijuana auth db
- SB 5482 (2017–18) Affordable housing funding
- SB 5482 (2015–16) GPS data disclosure
- SB 5482 (2013–14) Affordable care act
- SB 5482 (2011–12) Human trafficking victims