BILL · 2009–10 SESSION · LATEST VERSION SSB 5530

SB 5530: Asset protection waiver act

Creating the guaranteed asset protection waiver model act.

Summary

  • Businesses are not permitted to offer or sell GAP waivers unless they are registered with the Commissioner. Applicants for registration must disclose specific information and pay a $250 fee, and must inform the commissioner of any changes in any collected information.

From the Senate Bill Report (Orig.) (SB 5530), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedJan 26, 2009
  2. Out of committeeFeb 20, 2009
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Steve Hobbs (D-44)
Introduced
January 26, 2009 in the Senate
Last action
March 15, 2010
Companion bill
EHB 1530
Budget
Has a fiscal note
Versions
SB 5530, SSB 5530

AN ACT Relating to creating the guaranteed asset protection waiver model act;

Sponsors

Prime sponsor: Steve Hobbs (D-44)

1 co-sponsor (0 Democrats, 1 Republican)

Votes

No recorded floor votes.

History

  1. By resolution, reintroduced and retained in present status. (SSB 5530)
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status. (SSB 5530)
  4. By resolution, reintroduced and retained in present status.
  5. Senate Rules "X" file. (SSB 5530)
  6. Senate Rules "X" file.
  7. Placed on second reading by Rules Committee. (SSB 5530)
  8. Placed on second reading by Rules Committee.
  9. Made eligible to be placed on second reading. (SSB 5530)
  10. Made eligible to be placed on second reading.
  11. FIHI - Majority; 1st substitute bill be substituted, do pass. (SSB 5530)
  12. Passed to Rules Committee for second reading. (SSB 5530)
  13. Passed to Rules Committee for second reading.
  14. FIHI - Majority; 1st substitute bill be substituted, do pass.
  15. First reading, referred to Financial Institutions, Housing & Insurance.

SB 5530 in other sessions

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

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