BILL · 2005–06 SESSION
SB 6738: Small loan payment plans
Modifying the laws governing small loan payment plans.
Summary
- If a borrower is unable to repay a pay day loan, the lender must provide a payment plan, without waiting for four loans. The payment plan constitutes a new loan, with a balance in the amount of the outstanding loan, net payments made.
From the Senate Bill Report (SB 6738), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 19, 2006
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Darlene Fairley (D-32)
- Introduced
- January 19, 2006 in the Senate
- Last action
- January 19, 2006
AN ACT Relating to small loan payment plans;
Sponsors
Prime sponsor: Darlene Fairley (D-32)
2 co-sponsors (1 Democrat, 1 Republican)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- First reading, referred to Financial Institutions, Housing & Consumer Protection.
SB 6738 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 6738 (2009–10) State salmon hatcheries
- SB 6738 (2007–08) Public works material bids
- SB 6738 (2003–04) Reg trans planning orgs
- SB 6738 (2001–02) Payment of insurance claims
- SB 6738 (1999–00) Fire sprinkler systems
- SB 6738 (1997–98) State emplyee cost-of-living
- SB 6738 (1995–96) Fish & wildlife offcrs/retir