6025-S AMH ROBE MULV 524

SSB 6025 - H AMD 1157

By Representative Robertson

ADOPTED 02/29/2024

On page 7, after line 6, insert the following:

"NEW SECTION. Sec. 5. This act shall apply prospectively only. The changes made to chapter 31.04 RCW by this act shall not be construed to apply to any loan issued prior to the effective date of the act, unless the loan is renegotiated or modified after the effective date of the act."

Correct the title.

EFFECT: Clarifies that the changes made to the Consumer Loan Act under the bill apply prospectively only and may not be construed to apply to any loan issued prior to the bill's effective date, unless the loan is renegotiated or modified after the effective date.

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