BILL · 2005–06 SESSION
SB 5796: Refund anticipation loans
Regulating refund anticipation loans.
Summary
- The Refund Anticipation Loan Act, which regulates the activities of facilitators, is created. Facilitator is defined under the Act as a person who assists the consumer in obtaining or applying for a RAL. This definition does not include financial institutions and their servicers, persons who do not have direct contact with the consumer, or any of the employees of a facilitator.
From the Senate Bill Report (SB 5796), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedFeb 7, 2005
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Darlene Fairley (D-32)
- Introduced
- February 7, 2005 in the Senate
- Last action
- January 9, 2006
- Budget
- Has a fiscal note
AN ACT Relating to refund anticipation loans;
Sponsors
Prime sponsor: Darlene Fairley (D-32)
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 5796 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 5796 (2025–26) Payroll expense tax
- SB 5796 (2023–24) Common interest communities
- SB 5796 (2021–22) Cannabis revenue
- SB 5796 (2019–20) Retirement communities
- SB 5796 (2017–18) Ethics complaint correspond.
- SB 5796 (2015–16) Adult family homes
- SB 5796 (2013–14) Emergency power/emissions
- SB 5796 (2011–12) Public transportation systms