Washington 2019-2020 Regular Session Status: Passed Senate

SB 5030 — Concerning service contract providers.

Last action — Senate Rules "X" file.

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2019-2020 Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

Bill Text

What changed in the latest version

1 added · 1 removed

Plain-language change summary

The recent amendments to Bill SB 5030 included clarifications regarding the financial requirements for service contract providers and protection product guarantee providers. These changes specify that providers must maintain a certain minimum net worth and adhere to generally accepted accounting principles when calculating their financial standing, which helps ensure their ability to fulfill obligations to consumers. This is important because it aims to protect consumers by ensuring that the companies offering these service contracts are financially stable and accountable. Overall, these revisions strengthen regulations in this area, improving consumer trust and safety.

→
Previous
Latest
S-0720.1SUBSTITUTE SENATE BILL 5030State of Washington66th Legislature2019 Regular SessionBySenate Financial Institutions, Economic Development & Trade (originally sponsored by Senators Mullet and Wilson, L.)READ FIRST TIME 01/21/19.AN ACT Relating to service contract providers;
S-0209.1SENATE BILL 5030State of Washington66th Legislature2019 Regular SessionBySenators Mullet and Wilson, L.Prefiled 12/21/18.AN ACT Relating to service contract providers;
A protection product guarantee provider shall follow generally accepted accounting principles, as set forth by the financial accounting standards board, in regard to either unearned protection product guarantee contract fees or expected protection product guarantee contract claims, or both, when determining net worth.
A protection product guarantee provider will follow generally accepted accounting principles, as set forth by the financial accounting standards board, in regard to either unearned protection product guarantee contract fees or expected protection product guarantee contract claims, or both, when determining net worth.
⬇ Download PDF
View plain text versions (2)

Action History

  1. Senate Rules "X" file.

  2. By resolution, reintroduced and retained in present status.

  3. By resolution, returned to Senate Rules Committee for third reading.

  4. Referred to Rules 2 Review.

  5. Scheduled for public hearing in the House Committee on Consumer Protection & Business at 08:00 AM

  6. Scheduled for public hearing in the House Committee on Consumer Protection & Business at 08:00 AM

  7. CPB - Majority; do pass.

  8. First reading, referred to Consumer Protection & Business.

  9. Third reading, passed; yeas, 46; nays, 0; absent, 0; excused, 3.

  10. Rules suspended. Placed on Third Reading.

  11. 1st substitute bill substituted.

  12. 1st substitute bill substituted.

  13. Placed on second reading consent calendar.

  14. Placed on second reading consent calendar.

  15. Passed to Rules Committee for second reading.

  16. Passed to Rules Committee for second reading.

  17. Scheduled for public hearing in the Senate Committee on Financial Institutions, Economic Development & Trade at 08:30 AM

  18. FIET - Majority; 1st substitute bill be substituted, do pass.

  19. FIET - Majority; 1st substitute bill be substituted, do pass.

  20. Scheduled for public hearing in the Senate Committee on Financial Institutions, Economic Development & Trade at 08:00 AM

  21. First reading, referred to Financial Institutions, Economic Development & Trade.

  22. Prefiled for introduction.

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 1 co-sponsors · 149 not signed on

Sponsors (1)

  • Mullet

Co-sponsors (1)

Not signed on (149)

149 members have not signed on to this bill.

Show all 149 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

3rd Reading & Final Passage (#3)

Passed 46 Yea · 0 Nay · 3 Other
Party YeaNayPresentNot Voting
Unaffiliated 27000
Republican 7002
Democrat 12001
Total 46003
% of votes cast 94%0%0%6%
How each member voted (49)
Member Party Vote
Wilson, L. — Yea
Zeiger — Yea
Bailey — Yea
Becker — Yea
Billig — Yea
Brown — Yea
Carlyle — Yea
Darneille — Yea
Das — Yea
Ericksen — Yea
Frockt — Yea
Hawkins — Yea
Hobbs — Yea
Honeyford — Yea
Keiser — Yea
Kuderer — Yea
McCoy — Yea
Mullet — Yea
O'Ban — Yea
Padden — Yea
Palumbo — Yea
Randall — Yea
Rivers — Yea
Rolfes — Yea
Sheldon — Yea
Takko — Yea
Van De Wege — Yea
Annette Cleveland Democrat Yea
Bob Hasegawa Democrat Yea
Claire Wilson Democrat Yea
Jamie Pedersen Democrat Yea
Jesse Salomon Democrat Yea
Joe Nguyen Democrat Not Voting
Lisa Wellman Democrat Yea
Liz Lovelett Democrat Yea
Manka Dhingra Democrat Yea
Marko Liias Democrat Yea
Rebecca Saldaña Democrat Yea
Steve Conway Democrat Yea
Victoria Hunt Democrat Yea
Curtis King Republican Yea
Jeff Holy Republican Yea
Jim Walsh Republican Yea
John Braun Republican Yea
Judy Warnick Republican Yea
Keith Wagoner Republican Not Voting
Mark Schoesler Republican Yea
Phil Fortunato Republican Not Voting
Shelly Short Republican Yea

Official roll call →

Subjects

finance health-insurance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors SB 5030?
SB 5030 is sponsored by Mullet and Wilson, L..
What is the current status of SB 5030?
This bill died with 2019-2020 Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 5030?
Track SB 5030 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on SB 5030

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of SB 5030

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →