Let me make it clear about cash advance, Resign-To-Run Revamps Pass Florida Legislature

Let me make it clear about cash advance, Resign-To-Run Revamps Pass Florida Legislature

The Florida House late Wednesday passed measures to revamp regulations for the payday-loan industry and to expand the state’s resign-to-run election law, sending the issues to Gov. Rick Scott with little discussion.

The votes arrived amid a batch of bills that have been quickly approved by the homely house at the conclusion of a marathon flooring session dominated by a debate on school-safety legislation.

Home users voted 106-9 to accept the loan that is payday (SB 920), that also easily cleared the Senate on Saturday. The measure that is industry-backed enable payday loan providers to produce bigger loans for longer amounts of time.

A short period of time later on Wednesday, your house voted 87-27 to accept the resign-to-run bill (SB 186), which passed the Senate in January. If finalized by Scott, it might expand resign-to-run demands to state and neighborhood officials whom operate for congressional seats.

Although the payday-loan bill didn’t draw a flooring debate, it spurred long talks during home committee meetings in present months — and faced opposition from some customer advocates and groups that are religious.Continue reading