WA People
BILL · 2013–14 SESSION

HB 1491: Debt adjusting services

Concerning debt adjusting services.

Summary

  • Prohibits debt adjusting, except by a nonprofit social service agency or nonprofit consumer credit counseling agency licensed by the Department of Financial Institutions.
  • Limits the total fee for debt adjusting services to $15 per month.
  • Provides for licensing, annual audits and reports, and disciplinary proceedings.

From the House Bill Analysis 2013 (HB 1491), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 29, 2013
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Cindy Ryu (D-32)
Introduced
January 29, 2013 in the House
Last action
January 13, 2014
Budget
Has a fiscal note

AN ACT Relating to debt adjusting services;

Sponsors

Prime sponsor: Cindy Ryu (D-32)

8 co-sponsors (5 Democrats, 3 Republicans)

Steve O'Ban R-28Kevin Parker R-6Sharon Tomiko Santos D-37Pat Sullivan D-47Cyrus Habib D-48Linda Kochmar R-30Derek Stanford D-1Gerry Pollet D-46

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. First reading, referred to Business & Financial Services.

HB 1491 in other sessions

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

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