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WA SB5920
Bill
Status
Introduced
2/6/2009
Primary Sponsor
Donald Benton
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AI Summary
Legislative Description
Restricting the underwriting of small loans by financial institutions holding a check cashers license and small loan endorsement by including a cap of thirty percent of the borrower's gross monthly income on the combined outstanding principal balances of all small loans.
Last Action
By resolution, reintroduced and retained in present status.
3/15/2010
Committee Referrals
Rules2/25/2009
Labor, Commerce & Consumer Protection2/6/2009
Full Bill Text
No bill text available