BILL · 2005–06 SESSION

SB 6736: Small loans

Modifying the laws governing small loan amounts, interest, terms, and fees.

Summary

Pay day lenders must perform an assessment of a borrower's ability to repay, evaluating the borrower's current and anticipated income, debts and employment. A pay day loan cannot exceed forty five percent of a borrower's monthly gross income.

From the Senate Bill Report (SB 6736), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to the limits on the amount, interest, terms, and fees for small loans;

No recorded floor votes. This measure never reached a floor vote.

Jan 19, 2006First reading, referred to Financial Institutions, Housing & Consumer Protection.

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

SB 6736 (2009–10) State expenditure limit · Did not pass · died in committee
SB 6736 (2007–08) Developmental disabilities · Did not pass · stalled on the Senate floor
SB 6736 (2003–04) Traffic congestion relief · Did not pass · died in committee
SB 6736 (2001–02) Higher education tuition · Did not pass · died in committee
SB 6736 (1999–00) Fire services accounts · Did not pass · died in committee
SB 6736 (1997–98) Fish & wildlife commssn memb · Did not pass · stalled on the Senate floor
SB 6736 (1995–96) School employee arbitration · Did not pass · passed Senate, stalled in House