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House Background Summary — HB 1269, Pawnbroker Fees and Interest Rates (February 13, 2025)

Summary

House Background Summary for HB 1269, as passed House on February 13, 2025, titled an act relating to pawnbroker fees and interest rates. Sponsors are Representatives Hackney, McClintock and Leavitt. It records committee activity on 1/21/25 and 2/4/25 [DP], and a floor vote of 91-3 on 2/13/25, with Representatives Richards, Shavers and Timmons listed under Voting Nay. Persons testifying include Representative David Hackney, prime sponsor, and Carli Karlson of the Washington State Pawnbrokers Association.

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“House Background Summary — HB 1269, Pawnbroker Fees and Interest Rates (February 13, 2025).” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2025-03-26-a33141-d285993-1269-hbs-16c9c4d2c6/, SHA-256 bdd64814356fc585f69e5c7c9110e3f180df4179862e50caa181b210c58ce2db.

Full text

                 HOUSE BACKGROUND SUMMARY
                           HB 1269
                                        As Passed House:
                                        February 13, 2025

Title: An act relating to pawnbroker fees and interest rates.

Brief Description: Concerning pawnbroker fees and interest rates.

Sponsors: Representatives Hackney, McClintock and Leavitt.

Brief History:
     Committee Activity:
         Consumer Protection & Business: 1/21/25, 2/4/25 [DP].
     Floor Activity:
         Passed House: 2/13/25, 91-3.

Voting Yea: Representatives Abbarno, Abell, Barkis, Barnard, Berg, Bergquist, Bernbaum,
Berry, Bronoske, Burnett, Caldier, Callan, Chase, Connors, Corry, Cortes, Couture, Davis, Dent,
Doglio, Donaghy, Duerr, Dufault, Dye, Engell, Entenman, Farivar, Fey, Fitzgibbon, Fosse,
Goodman, Graham, Gregerson, Griffey, Hill, Hunt, Jacobsen, Keaton, Klicker, Kloba, Leavitt,
Lekanoff, Ley, Low, Macri, Manjarrez, Marshall, McClintock, McEntire, Mena, Mendoza,
Morgan, Nance, Obras, Orcutt, Ormsby, Ortiz-Self, Parshley, Paul, Peterson, Pollet, Ramel,
Reed, Reeves, Rude, Rule, Ryu, Salahuddin, Santos, Schmick, Schmidt, Scott, Simmons,
Springer, Stearns, Steele, Stokesbary, Stonier, Street, Stuebe, Taylor, Thai, Tharinger, Thomas,
Walen, Walsh, Waters, Wylie, Ybarra, Zahn and Jinkins

Voting Nay: Representatives Richards, Shavers and Timmons

Absent:

Excused: Representatives Eslick, Hackney, Penner and Volz

     Persons Testifying: Representative David Hackney, prime sponsor; Carli Karlson,
     Washington State Pawnbrokers Association; Karen Strickland, Pawn 1 Inc.; Nika Mihailov,
     Kittitas County Trading Co.; Tamara Rancore, WA State Pawnbrokers Association;
     Michael Transue, Cash America Pawn; and Samuel Lax, Pawn 1, Inc.




                                               -1-                                      HB 1269
Persons Signed In To Testify But Not Testifying: None.




                                      -2-                HB 1269

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