WA People
BILL · 2005–06 SESSION · LATEST VERSION ESSB 5506

SB 5506: Credit card marketing

Placing restrictions on the marketing or merchandising of credit cards to students at the state's institutions of higher education.

Summary

  • Requires state institutions of higher education to develop policies regarding the marketing or merchandising of credit cards to students.
  • Requires that an institution consider registering credit card marketers, limiting the times and locations of marketing, and prohibiting material inducements to complete credit card applications.
  • Requires the policies inform students about good credit management practices.
  • Requires that the policies are made available to all students upon request.

From the Substitute House Bill Report (SSB 5506), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 74, Laws of 2005
  1. IntroducedJan 26, 2005
  2. Out of committeeFeb 3, 2005
  3. Passed SenateMar 3, 2005
  4. Passed HouseApr 6, 2005
  5. GovernorApr 18, 2005
  6. LawApr 18, 2005
Prime sponsor
Jeanne Kohl-Welles (D-36)
Introduced
January 26, 2005 in the Senate
Last action
April 18, 2005
Session law
Chapter 74, Laws of 2005
Companion bill
HB 1894
Versions
SB 5506, ESSB 5506

AN ACT Relating to the development of policies regarding the marketing or merchandising of credit cards to students at the state's institutions of higher education;

Sponsors

Prime sponsor: Jeanne Kohl-Welles (D-36)

3 co-sponsors (3 Democrats, 0 Republicans)

Darlene Fairley D-32Debbie Regala D-27Pat Thibaudeau D-43

Votes

Senate · 3rd Reading & Final Passage

Passed March 3, 2005
Version voted on: ESSB 5506
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat26000
Republican23000
How each member voted

Yea (49)

Permalink to this vote

House · Final Passage

Passed April 6, 2005
Version voted on: ESSB 5506
59 Yea 39 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat52400
Republican73500
How each member voted

Yea (59)

Permalink to this vote

History

  1. Effective date 7/24/2005. (ESSB 5506)
  2. Chapter 74, 2005 Laws. (ESSB 5506)
  3. Governor signed. (ESSB 5506)
  4. Delivered to Governor. (ESSB 5506)
  5. Speaker signed. (ESSB 5506)
  6. President signed. (ESSB 5506)
  7. Third reading, passed; yeas, 59; nays, 39; absent, 0; excused, 0. (ESSB 5506)
  8. Rules suspended. Placed on Third Reading. (ESSB 5506)
  9. Passed to Rules Committee for second reading. (ESSB 5506)
  10. Placed on second reading. (ESSB 5506)
  11. FII - Executive action taken by committee. (ESSB 5506)
  12. Minority; do not pass. (ESSB 5506)
  13. FII - Majority; do pass. (ESSB 5506)
  14. First reading, referred to Financial Institutions & Insurance. (ESSB 5506)
  15. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0. (ESSB 5506)
  16. Rules suspended. Placed on Third Reading. (ESSB 5506)
  17. Floor amendment(s) adopted. (ESSB 5506)
  18. 1st substitute bill substituted. (ESSB 5506)
  19. 1st substitute bill substituted.
  20. Placed on second reading by Rules Committee. (ESSB 5506)
  21. Placed on second reading by Rules Committee.
  22. Made eligible to be placed on second reading. (ESSB 5506)
  23. Made eligible to be placed on second reading.
  24. Passed to Rules Committee for second reading. (ESSB 5506)
  25. FHC - Majority; 1st substitute bill be substituted, do pass. (ESSB 5506)
  26. FHC - Majority; 1st substitute bill be substituted, do pass.
  27. Passed to Rules Committee for second reading.
  28. First reading, referred to Financial Institutions, Housing & Consumer Protection.

SB 5506 in other sessions

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

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