BILL · 2009–10 SESSION
SB 5750: Debt repayment flexibility
Addressing the protection of consumers by providing flexibility in the repayment of certain debts.
Summary
- The minimum term for a payday loan is 60 days. A licensee may only charge 10 percent of the principal as interest or fees for the endorsement of a small loan.
From the Senate Bill Report (Orig.) (SB 5750), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 30, 2009
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Craig Pridemore (D-49)
- Introduced
- January 30, 2009 in the Senate
- Last action
- March 15, 2010
- Budget
- Has a fiscal note
AN ACT Relating to protection of consumers by providing flexibility in the repayment of certain debts;
Sponsors
Prime sponsor: Craig Pridemore (D-49)
12 co-sponsors (11 Democrats, 1 Republican)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status.
- First reading, referred to Labor, Commerce & Consumer Protection.
SB 5750 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 5750 (2025–26) State facility EV charging
- SB 5750 (2023–24) Wahkiakum county ferry
- SB 5750 (2021–22) WA state leadership board
- SB 5750 (2019–20) Distillery information
- SB 5750 (2017–18) Livestock inspection
- SB 5750 (2015–16) DFW payments in lieu of tax
- SB 5750 (2013–14) Deferral prog./revenue dept.
- SB 5750 (2011–12) Waters of the state