BILL · 2011–12 SESSION

SB 5601: Small loan licenses

Clarifying that a license and endorsement are needed to make small loans.

Summary

  • Clarifies license and endorsement requirements for check cashers and check sellers.

From the Bill Digest (SB 5601), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 1, 2011
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Sharon Nelson (D-34)
Introduced
February 1, 2011 in the Senate
Last action
April 11, 2012
Companion bill
HB 1195

AN ACT Relating to clarifying that a license and endorsement are needed to make small loans;

Sponsors

Prime sponsor: Sharon Nelson (D-34)

1 co-sponsor (1 Democrat, 0 Republicans)

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 Financial Institutions, Housing & Insurance.

SB 5601 in other sessions

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

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