WA People
BILL · 2007–08 SESSION · LATEST VERSION SHB 1817

HB 1817: Small loans

Adding an additional payment plan option for small loans.

Summary

  • Requires a lender to allow a borrower to convert the unpaid principal and fee with a lender into a payment plan once every 12 months. A licensee may not assess any additional charge to convert a loan into a payment plan.
  • Extends the number of payments in a payment plan from three or more payments to four or more payments.

From the House Bill Report (HB 1817), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 29, 2007
  2. Out of committeeFeb 19, 2007
  3. Passed Housestopped here
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Steve Kirby (D-29)
Introduced
January 29, 2007 in the House
Last action
January 14, 2008
Versions
HB 1817, SHB 1817

AN ACT Relating to adding an additional payment plan option for small loans;

Sponsors

Prime sponsor: Steve Kirby (D-29)

18 co-sponsors (14 Democrats, 4 Republicans)

Dan Roach R-31Geoff Simpson D-47Chris Strow R-10Sharon Tomiko Santos D-37Jay Rodne R-5Christopher Hurst D-31Troy Kelley D-28Maralyn Chase D-32Mark Ericks D-1Brian Sullivan D-21Senator D-22Deb Wallace D-17Kathy Haigh D-35Mike Sells D-38Kelli Linville D-42Tom Campbell R-2Tami Green D-28Alex Wood D-3

Votes

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

History

  1. Referred to Insurance, Financial Services & Consumer Protection. (SHB 1817)
  2. By resolution, reintroduced and retained in present status. (SHB 1817)
  3. Rules Committee relieved of further consideration. (SHB 1817)
  4. Referred to Insurance, Financial Services & Consumer Protection.
  5. Rules Committee relieved of further consideration.
  6. By resolution, reintroduced and retained in present status.
  7. Returned to Rules Committee for second reading. (SHB 1817)
  8. Returned to Rules Committee for second reading.
  9. Rules Committee relieved of further consideration. Placed on second reading. (SHB 1817)
  10. Rules Committee relieved of further consideration. Placed on second reading.
  11. Made eligible to be placed on second reading. (SHB 1817)
  12. Made eligible to be placed on second reading.
  13. Passed to Rules Committee for second reading. (SHB 1817)
  14. Passed to Rules Committee for second reading.
  15. IFCP - Majority; 1st substitute bill be substituted, do pass. (SHB 1817)
  16. IFCP - Majority; 1st substitute bill be substituted, do pass.
  17. IFCP - Executive action taken by committee.
  18. First reading, referred to Insurance, Financial Service & Consumer Protection.

HB 1817 in other sessions

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

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