WA People
BILL · 2007–08 SESSION

SB 5199: Check cashers & sellers

Restricting small loan practices.

Summary

  • Requires a small loan endorsement for any person making small loans to any person physically located in Washington, including loans made through the use of the Internet, facsimile, telephone, kiosk, or other means.
  • Prohibits specific unfair, fraudulent, or misleading practices and makes any transaction that violates a prohibited practice uncollectible and unenforceable.

From the House Bill Report (SB 5199), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 81, Laws of 2007
  1. IntroducedJan 12, 2007
  2. Out of committeeJan 19, 2007
  3. Passed SenateMar 7, 2007
  4. Passed HouseApr 5, 2007
  5. GovernorApr 18, 2007
  6. LawApr 18, 2007
Prime sponsor
Jean Berkey (D-38)
Introduced
January 12, 2007 in the Senate
Last action
April 18, 2007
Session law
Chapter 81, Laws of 2007
Requested by
Other
Companion bill
HB 1027
Budget
Has a fiscal note

AN ACT Relating to adding enforcement provisions regarding fraud, deception, and unlicensed internet lending to the chapter governing check cashers and sellers;

Sponsors

Prime sponsor: Jean Berkey (D-38)

8 co-sponsors (5 Democrats, 3 Republicans)

Margarita Prentice D-11Don Benton R-17Steve Hobbs D-44Brian Hatfield D-19Mark Schoesler R-9Linda Evans Parlette R-12Rosa Franklin D-29Karen Keiser D-33

Votes

Senate · 3rd Reading & Final Passage

Passed March 7, 2007
Version voted on: SB 5199
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat31001
Republican17000
How each member voted

Yea (48)

Excused (1)

Permalink to this vote

House · Final Passage

Passed April 5, 2007
Version voted on: SB 5199
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat62001
Republican35000
How each member voted

Yea (97)

Excused (1)

Permalink to this vote

History

  1. Effective date 7/22/2007.
  2. Chapter 81, 2007 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. Speaker signed.
  6. President signed.
  7. Third reading, passed; yeas, 97; nays, 0; absent, 0; excused, 1.
  8. Rules suspended. Placed on Third Reading.
  9. Placed on second reading by Rules Committee.
  10. Passed to Rules Committee for second reading.
  11. IFCP - Executive action taken by committee.
  12. IFCP - Majority; do pass.
  13. First reading, referred to Insurance, Financial Services & Consumer Protection.
  14. Rules suspended. Placed on Third Reading.
  15. Third reading, passed; yeas, 48; nays, 0; absent, 0; excused, 1.
  16. Placed on second reading by Rules Committee.
  17. Passed to Rules Committee for second reading.
  18. FI - Majority; do pass.
  19. First reading, referred to Financial Institutions & Insurance.

SB 5199 in other sessions

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

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