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Bill

Bill

HB 1900

Enhancing consumer protections against financial fraud.

2025-2026 Regular Session Introduced by Liz Berry and 8 co-sponsors

HB 1900 strengthens Washington consumer protections against financial fraud through enhanced enforcement mechanisms and institutional accountability requirements.

By resolution, reintroduced and retained in present status.
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WeVote Research Nonpartisan
Bill Summary · HB 1900

Legislative bill overview

HB 1900 strengthens Washington state's consumer protections against financial fraud by enhancing enforcement mechanisms and establishing clearer standards for financial institutions and service providers. The bill, currently in committee, represents a bipartisan effort to address growing fraud vulnerabilities in the financial sector.

Why is this important

Financial fraud costs Washington consumers millions annually through identity theft, account takeovers, and deceptive practices. Strengthened protections could reduce consumer losses, increase corporate accountability, and establish clearer remedies when fraud occurs—though implementation costs may affect financial service providers.

Potential points of contention

  • Compliance burden on businesses: Stricter requirements may increase operational costs for banks and financial services, potentially passed to consumers through higher fees
  • Enforcement scope and authority: Defining which agencies enforce new protections and their investigative powers could create jurisdictional disputes
  • Balance between security and accessibility: Enhanced fraud prevention measures must not create barriers that exclude underbanked or vulnerable populations from financial services

Compiled from official sources — confirm details with the bill’s official record.

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