WA People
BILL · 2009–10 SESSION · LATEST VERSION ESHB 1709

HB 1709: Small loan default risk

Providing fee and installment plan assistance for borrowers at risk of default on small loans.

Summary

  • Requires a minimum term for small loans.
  • Limits the amount of money in small loans that may be borrowed by a consumer at any one time and as a percentage of gross monthly income.
  • Creates a new installment plan for borrowers.
  • Authorizes a real-time enforcement system.

From the Engrossed Substitute House Bill Report (ESHB 1709), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 510, Laws of 2009
  1. IntroducedJan 27, 2009
  2. Out of committeeFeb 19, 2009
  3. Passed HouseMar 9, 2009
  4. Passed SenateApr 13, 2009
  5. GovernorMay 15, 2009
  6. LawMay 15, 2009
Prime sponsor
Sharon Nelson (D-34)
Introduced
January 27, 2009 in the House
Last action
May 15, 2009
Session law
Chapter 510, Laws of 2009
Budget
Has a fiscal note
Versions
HB 1709, ESHB 1709

AN ACT Relating to fee and installment plan assistance for borrowers at risk of default on small loans;

Sponsors

Prime sponsor: Sharon Nelson (D-34)

7 co-sponsors (7 Democrats, 0 Republicans)

Scott White D-46Eileen Cody D-34Senator D-36Tina Orwall D-33John McCoy D-38Jeannie Darneille D-27Timm Ormsby D-3

Votes

House · Final Passage

Passed March 9, 2009
Version voted on: ESHB 1709
84 Yea 10 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat57302
Republican27701
How each member voted

Yea (84)

Excused (3)

Permalink to this vote

Senate · Final Passage as Amended by the Senate

Passed April 13, 2009
Version voted on: ESHB 1709
40 Yea 8 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat23701
Republican17100
How each member voted

Excused (1)

Permalink to this vote

House · Concur in Senate amendments

April 14, 2009
Version voted on: ESHB 1709
37 Yea 60 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat25901
Republican35100
How each member voted

Nay (60)

Excused (1)

Permalink to this vote

House · Concur in Senate amendments

April 22, 2009
Version voted on: ESHB 1709
36 Yea 61 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat16001
Republican35100
How each member voted

Nay (61)

Excused (1)

Permalink to this vote

Senate · Recede from Senate Amendments

April 22, 2009
Version voted on: ESHB 1709
24 Yea 25 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat24700
Republican01800
How each member voted
Permalink to this vote

Senate · Recede from Senate Amendments

April 22, 2009
Version voted on: ESHB 1709
25 Yea 24 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat25600
Republican01800
How each member voted
Permalink to this vote

Senate · Final Passage without Senate Amendments

Passed April 22, 2009
Version voted on: ESHB 1709
26 Yea 23 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat25600
Republican11700
How each member voted
Permalink to this vote

History

  1. Governor signed. (ESHB 1709)
  2. Effective date 1/1/2010. (ESHB 1709)
  3. Chapter 510, 2009 Laws. (ESHB 1709)
  4. Delivered to Governor. (ESHB 1709)
  5. President signed. (ESHB 1709)
  6. Speaker signed. (ESHB 1709)
  7. Passed final passage; yeas, 26; nays, 23; absent, 0; excused, 0. (ESHB 1709)
  8. Senate receded from amendments. (ESHB 1709)
  9. House adheres to its position. (ESHB 1709)
  10. Senate insists on its position and asks House to concur. (ESHB 1709)
  11. House refuses to concur in Senate amendments. Asks Senate to recede from amendments. (ESHB 1709)
  12. Third reading, passed; yeas, 40; nays, 8; absent, 0; excused, 1. (ESHB 1709)
  13. Rules suspended. Placed on Third Reading. (ESHB 1709)
  14. Floor amendment(s) adopted. (ESHB 1709)
  15. Placed on second reading by Rules Committee. (ESHB 1709)
  16. Made eligible to be placed on second reading. (ESHB 1709)
  17. Minority; without recommendation. (ESHB 1709)
  18. Minority; do not pass. (ESHB 1709)
  19. LCCP - Majority; do pass. (ESHB 1709)
  20. Passed to Rules Committee for second reading. (ESHB 1709)
  21. First reading, referred to Labor, Commerce & Consumer Protection. (ESHB 1709)
  22. Third reading, passed; yeas, 84; nays, 10; absent, 0; excused, 3. (ESHB 1709)
  23. Rules suspended. Placed on Third Reading. (ESHB 1709)
  24. Floor amendment(s) adopted. (ESHB 1709)
  25. 1st substitute bill substituted. (ESHB 1709)
  26. 1st substitute bill substituted.
  27. Placed on second reading. (ESHB 1709)
  28. Placed on second reading.
  29. Passed to Rules Committee for second reading. (ESHB 1709)
  30. Passed to Rules Committee for second reading.
  31. FII - Majority; 1st substitute bill be substituted, do pass. (ESHB 1709)
  32. FII - Executive action taken by committee.
  33. FII - Majority; 1st substitute bill be substituted, do pass.
  34. First reading, referred to Financial Institutions & Insurance.

HB 1709 in other sessions

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

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