Liias bill on pay day loans almost dead in legislature

Liias bill on pay day loans almost dead in legislature

A bill on pay day loans, sponsored by Democratic State Sen. Marko Liias, seems to be dead when it comes to present session that is legislative.

Fellow Democrats have actually criticized Lias for sponsoring the bill, stating that it weakens Washington’s strict guidelines on payday lending.

The balance passed the continuing State Senate in very early March by a 30-18 vote, with Democratic Sens. Maralyn Chase and Rosemary McAuliffe voting no.

The bill got a “pass” recommendation from the committee on business and financial services, with Democratic State Rep. Cindy Ryu voting for a “do not pass” recommendation, and Rep. Derek Stanford voting to make no recommendation in the House.

Majority House Democrats then delivered it to your home committee on basic federal government and I . „Liias bill on pay day loans almost dead in legislature“ weiterlesen