Government, Latest News

West Virginia Senate approves consumer loan bill in party-line vote

By RUSTY MARKS

NCWV Media

CHARLESTON, W.Va.  — Members of the West Virginia Senate passed a controversial consumer loan bill Monday that would expand the amount of money state residents could borrow on a high-interest loan.

The Senate postponed a vote on Senate Bill 398 last Friday after several Democrats accused Republican senators of shenanigans in bringing the bill to the floor. Sen. Roman Prezioso, D-Marion, said Democrats thought the bill was dead in committee, but said Republicans waited until Democrats who were opposed to the bill were in another committee meeting to bring the bill back up and pass it on for a full vote.

Anger over the bill nearly ended in fisticuffs Friday between Banking and Insurance Committee Chairman Sen. Mike Azinger, R-Wood, and Prezioso; Sen. Doug Facemire, D-Braxton, and Sen. Mike Romano, D-Harrison.

Read the entire article:  https://www.wvnews.com/news/wvnews/senate-approves-consumer-loan-bill-in-party-line-vote/article_d318451b-1253-525b-9bbc-47adcbb519cd.html

See more from NCWV Media

Comments are closed.

Subscribe to Our Newsletter