WA People
BILL · 2007–08 SESSION · LATEST VERSION SHB 2027

HB 2027: Security for small loans

Requiring a signed receipt when a borrower makes a payment on a small loan.

Summary

  • Requires a licensee to record the amount of cash paid by a borrower and keep the document in the licensee's business records.

From the House Bill Report (HB 2027), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 5, 2007
  2. Out of committeeFeb 28, 2007
  3. Passed Housestopped here
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Sharon Tomiko Santos (D-37)
Introduced
February 5, 2007 in the House
Last action
January 14, 2008
Versions
HB 2027, SHB 2027

AN ACT Relating to using postdated checks or drafts as security for small loans;

Sponsors

Prime sponsor: Sharon Tomiko Santos (D-37)

Votes

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

History

  1. Referred to Insurance, Financial Services & Consumer Protection. (SHB 2027)
  2. By resolution, reintroduced and retained in present status. (SHB 2027)
  3. Rules Committee relieved of further consideration. (SHB 2027)
  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 2027)
  8. Returned to Rules Committee for second reading.
  9. Rules Committee relieved of further consideration. Placed on second reading. (SHB 2027)
  10. Rules Committee relieved of further consideration. Placed on second reading.
  11. Passed to Rules Committee for second reading. (SHB 2027)
  12. Passed to Rules Committee for second reading.
  13. IFCP - Majority; 1st substitute bill be substituted, do pass. (SHB 2027)
  14. IFCP - Majority; 1st substitute bill be substituted, do pass.
  15. IFCP - Executive action taken by committee.
  16. First reading, referred to Insurance, Financial Service & Consumer Protection.

HB 2027 in other sessions

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

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