BILL · 2005–06 SESSION · LATEST VERSION SSB 5686

SB 5686: Check cashers and sellers

Regulating check cashers and sellers.

Summary

  • Brokers and servicers of small loans are subject to Washington's "payday lending law," 31.45 RCW. Brokers and servicers are prohibited from engaging in the business of brokering or servicing small loans without first obtaining a small loan endorsement to a check casher or seller license.

From the Senate Bill Report (SB 5686), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedFeb 2, 2005
  2. Out of committeeFeb 24, 2005
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Darlene Fairley (D-32)
Introduced
February 2, 2005 in the Senate
Last action
January 9, 2006
Versions
SB 5686, SSB 5686

AN ACT Relating to check cashers and sellers;

Sponsors

Prime sponsor: Darlene Fairley (D-32)

2 co-sponsors (2 Democrats, 0 Republicans)

Votes

No recorded floor votes.

History

  1. By resolution, reintroduced and retained in present status. (SSB 5686)
  2. By resolution, reintroduced and retained in present status.
  3. Senate Rules "X" file. (SSB 5686)
  4. Senate Rules "X" file.
  5. Passed to Rules Committee for second reading. (SSB 5686)
  6. Passed to Rules Committee for second reading.
  7. FHC - Majority; 1st substitute bill be substituted, do pass. (SSB 5686)
  8. FHC - Majority; 1st substitute bill be substituted, do pass.
  9. First reading, referred to Financial Institutions, Housing & Consumer Protection.

SB 5686 in other sessions

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

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