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A bill on pay day loans, sponsored by Democratic State Sen. Marko Liias, is apparently 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 continuing State Senate during the 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. [Read more...]

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