Liias bill on payday advances almost dead in legislature

Liias bill on payday advances 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 legislative session.

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

The bill passed the continuing State Senate in very early March with 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. Continue reading “Liias bill on payday advances almost dead in legislature”

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