BILL · 2005–06 SESSION

SB 6863: Credit card applications

Addressing credit card applications and rates.

Summary

  • Finds that the number of unrequested solicitations to residents for credit cards is a cause for concern and consider them to be a violation of the consumer protection laws of Washington state. Finds that rising interest rates on credit cards regularly far exceed the state usury limit. The legislature finds many of the credit card industry's practices and interest rates to be unethical.

From the Bill Digest (SB 6863), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 30, 2006
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Adam Kline (D-37)
Introduced
January 30, 2006 in the Senate
Last action
January 30, 2006
Companion bill
HB 2938

AN ACT Relating to credit cards;

Sponsors

Prime sponsor: Adam Kline (D-37)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

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

History

  1. First reading, referred to Financial Institutions, Housing & Consumer Protection.

SB 6863 in other sessions

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

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