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Liias bill on pay day loans almost dead in legislature

Liias bill on pay day loans almost dead in legislature

A bill on payday advances, sponsored by Democratic State Sen. Marko Liias, is apparently dead for the present session that is legislative.

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

The balance passed the continuing State Senate at the beginning of March by way of 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.