WA People
BILL · 2011–12 SESSION

HB 1810: Small loans

Removing the cap on the total number of small loans a borrower may have in a twelve-month period and imposing a maximum interest rate of thirty-six percent per annum.

Summary

  • Eliminates the cap on the total number of small loans a borrower may have in a twelve-month period and imposes a maximum interest rate of thirty-six percent per annum.

From the Bill Digest (HB 1810), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 3, 2011
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Sherry Appleton (D-23)
Introduced
February 3, 2011 in the House
Last action
April 11, 2012

AN ACT Relating to removing the cap on the total number of small loans a borrower may have in a twelve-month period and imposing a maximum interest rate of thirty-six percent per annum;

Sponsors

Prime sponsor: Sherry Appleton (D-23)

2 co-sponsors (2 Democrats, 0 Republicans)

Christine Rolfes D-23Jeannie Darneille D-27

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. By resolution, reintroduced and retained in present status.
  5. By resolution, reintroduced and retained in present status.
  6. First reading, referred to Business & Financial Services.

HB 1810 in other sessions

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

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