S-0703.2  _______________________________________________

                         SENATE BILL 5406

          _______________________________________________

State of Washington      54th Legislature     1995 Regular Session

By Senators Prentice, Sellar and C. Anderson

Read first time 01/23/95.  Referred to Committee on Financial Institutions & Housing.

Continuing market interest rates for consumer credit transactions.

    AN ACT Relating to continuing market interest rates for consumer credit transactions; repealing RCW 63.14.135; repealing 1992 c 193 s 4 (uncodified); and declaring an emergency.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1.  The following acts or parts of acts are each repealed:

(1) 1992 c 193 s 4 (uncodified); and

(2) RCW 63.14.135 and 1992 c 193 s 2, 1989 c 112 s 2, 1988 c 72 s 1, & 1986 c 60 s 2.

NEW SECTION. Sec. 2.  This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and shall take effect immediately.

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