1311-S AMH REEV MULV 463

  

SHB 1311 - H AMD 182

By Representative Reeves

ADOPTED 03/06/2023

On page 4, line 21, after "performed" strike "including" and insert ", including, if applicable,"

On page 10, beginning on line 2, after "days" strike all material through "general" on line 4

On page 11, beginning on line 21, after "(5)" strike all material through "RCW." on line 30 and insert "A violation of this chapter by a credit services organization is an unfair business practice as provided in chapter 19.86 RCW."

EFFECT:   (1) Requires credit services organizations to include an accounting of funds paid by the consumer and held or disbursed on the consumer's behalf in a consumer's monthly statement only if that practice is applicable.

(2) Removes the Attorney General's authority to prescribe a shorter contract period than 180 days for a credit services organization to perform services.

(3) Strikes the per se violation of the Consumer Protection Act (CPA) and restores current law that states a violation of the Credit Services Organization Act is an unfair business practice under the CPA.

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