Bill Information > SB 5920
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SB 5920 - 2009-10
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.
Sponsors: Franklin, Berkey, Schoesler, Benton, Delvin, Shin
Bill History

2009 REGULAR SESSION

Feb 6
First reading, referred to Labor, Commerce & Consumer Protection. (View Original Bill)
Feb 10
Public hearing in the Senate Committee on Labor, Commerce & Consumer Protection at 1:30 PM. (Committee Materials)
Feb 23
Executive session scheduled, but no action was taken in the Senate Committee on Labor, Commerce & Consumer Protection at 10:00 AM. (Committee Materials)
Executive action taken in the Senate Committee on Labor, Commerce & Consumer Protection at 6:00 PM. (Committee Materials)
Feb 25
LCCP - Majority; 1st substitute bill be substituted, do pass. (View 1st Substitute) (Majority Report)
Minority; do not pass. (Minority Report)
Minority; without recommendation. (Minority Report)
Passed to Rules Committee for second reading.
Mar 3
Placed on second reading by Rules Committee.
Mar 25
Senate Rules "X" file.

2010 REGULAR SESSION

Jan 11
By resolution, reintroduced and retained in present status.

2010 1ST SPECIAL SESSION

Mar 15
By resolution, reintroduced and retained in present status.
Available Documents
For a complete list of documents, go to Online Reports Text of a Legislative Document.
Fiscal Note
Amendments
Available Videos