Pay Day Loan, Resign-To-Run Revamps Pass Florida Legislature
With small conversation, the Florida home belated Wednesday passed measures to revamp laws for the payday-loan industry and also to expand the state’s resign-to-run election law, delivering the problems to Gov. Rick Scott.
The votes arrived amid a batch of bills which were quickly authorized because of the home at the conclusion of a marathon flooring session dominated by a debate on school-safety legislation.
Home people voted 106-9 to approve the pay day loan bill (SB 920), which also easily cleared the Senate on Saturday. The industry-backed measure would enable payday loan providers to help make bigger loans for extended amounts of time.