Senate2023-24 sessionFiscal note

SSB 6025 — Protecting consumers from predatory loans.

Signed into law — Chapter 249, Laws of 2024

Sponsor
Stanford
Introduced
January 30, 2024
Status
C 249 L 24
Last action
Effective date 6/6/2024. (March 25, 2024)

What this bill does

Makes any attempt to evade the Consumer Loan Act (Act) a violation of the Act. Makes nonresidential mortgage loans made by an unlicensed person who is subject to the Act null, void, uncollectable, and unenforceable.

From the Washington State Legislature's nonpartisan staff bill analysis. Read the full analysis ↗

Floor votes

  • House — Final Passage as Amended by the House · February 29, 2024
    96 yea · 0 nay · 2 not voting
  • Senate — Final Passage as Amended by the House · March 5, 2024
    49 yea · 0 nay
  • Senate — 3rd Reading & Final Passage · February 6, 2024
    49 yea · 0 nay

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Other bills sponsored by Stanford

All 2023-24 Washington State bills →

Source: the Washington State Legislature. OlympiaTrack is an independent bill-tracking service and is not affiliated with the Legislature. View on leg.wa.gov ↗