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Liias bill on payday advances almost dead in legislature

Liias bill on payday advances almost dead in legislature

A bill on payday advances, sponsored by Democratic State Sen. Marko Liias, seems to be dead for the 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 State Senate in very early March with a 30-18 vote, with Democratic Sens. Maralyn Chase and Rosemary McAuliffe voting no.

In the home, the balance got a “pass” suggestion through the committee on company and economic solutions, with Democratic State Rep. Cindy Ryu voting for the “do not pass” recommendation, and Rep.