WA People
BILL · 2015–16 SESSION

SB 5611: Excessive overdraft fees

Addressing excessive overdraft fees.

Summary

  • It is unlawful for any financial institution to charge a continuous overdraft fee beyond the initial overdraft fee charged when the depositor exceeded the available balance of the account. Overdraft fee is defined as a fee charged by a financial institution when a withdrawal from an account exceeds the available balance.

From the Senate Bill Report (Orig.) (SB 5611), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 26, 2015
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Don Benton (R-17)
Introduced
January 26, 2015 in the Senate
Last action
March 10, 2016

AN ACT Relating to excessive overdraft fees;

Sponsors

Prime sponsor: Don Benton (R-17)

1 co-sponsor (1 Democrat, 0 Republicans)

Karen Keiser D-33

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 & Insurance.

SB 5611 in other sessions

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

Report wrong or missing information on this page