WA People
BILL · 2013–14 SESSION

SB 6134: Nondepository institutions

Addressing nondepository institutions regulated by the department of financial institutions.

Summary

  • Imposes a five-year statute of limitations for violations of statutes governing nondepository institutions.
  • Ensures continuing privacy of information disclosed to the Department of Financial Institutions.
  • Requires reporting by licensees registered with nationwide licensing entities.
  • Modifies procedures for fingerprinting and background checks.

From the House Bill Report (SB 6134), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 36, Laws of 2014
  1. IntroducedJan 16, 2014
  2. Out of committeeJan 24, 2014
  3. Passed SenateFeb 12, 2014
  4. Passed HouseMar 5, 2014
  5. GovernorMar 17, 2014
  6. LawMar 17, 2014
Prime sponsor
Steve Hobbs (D-44)
Introduced
January 16, 2014 in the Senate
Last action
March 17, 2014
Session law
Chapter 36, Laws of 2014
Requested by
Other
Companion bill
HB 2452
Budget
Has a fiscal note

AN ACT Relating to clarifying the statute of limitations for enforcement actions, sharing of information with federal and state regulatory authorities, and requiring call reports for nondepository institutions regulated by the department of financial institutions;

Sponsors

Prime sponsor: Steve Hobbs (D-44)

4 co-sponsors (2 Democrats, 2 Republicans)

Don Benton R-17Brian Hatfield D-19Mark Mullet D-5Joe Fain R-47

Votes

Senate · 3rd Reading & Final Passage

Passed February 12, 2014
Version voted on: SB 6134
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat24001
Republican24000
How each member voted

Yea (48)

Excused (1)

Permalink to this vote

House · Final Passage

Passed March 5, 2014
Version voted on: SB 6134
97 Yea 1 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat55000
Republican42100
How each member voted

Yea (97)

Nay (1)

Permalink to this vote

History

  1. Effective date 6/12/2014.
  2. Chapter 36, 2014 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. Speaker signed.
  6. President signed.
  7. Third reading, passed; yeas, 97; nays, 1; absent, 0; excused, 0.
  8. Rules suspended. Placed on Third Reading.
  9. Placed on second reading by Rules Committee.
  10. Passed to Rules Committee for second reading.
  11. BFS - Executive action taken by committee.
  12. BFS - Majority; do pass.
  13. First reading, referred to Business & Financial Services (Not Officially read and referred until adoption of Introduction report).
  14. Third reading, passed; yeas, 48; nays, 0; absent, 0; excused, 1.
  15. Rules suspended. Placed on Third Reading.
  16. Placed on second reading by Rules Committee.
  17. Passed to Rules Committee for second reading.
  18. FIHI - Majority; do pass.
  19. First reading, referred to Financial Institutions, Housing & Insurance.

SB 6134 in other sessions

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

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