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Tag: Sharon Nelson

March
25th

Tacoma lawmaker calls for changes to payday-like loan bill

Tacoma Democratic Rep. Steve Kirby says he will be proposing some “significant changes” to a payday lender-backed proposal making its way through the House. He said the end result would be a loan product that could replace payday loans.

Senate Bill 5312 would allow lenders to make a new type of high-interest unsecured loan – sort of like a payday loan with an installment plan. Kirby said the changes he will be pushing for would make the bill more consumer-friendly.

Opponents of the bill, like Sen. Sharon Nelson, D-Maury Island, said the proposed changes are

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Feb.
21st

Senate OKs new payday-like loan

Controversial legislation proposing a new type of ultra high-interest loan was fast tracked to the Senate floor today. In an unusual twist, one of the bill’s cosponsors, Sen. Nick Harper, D-Everett, even voted against it. It passed anyway, 30-to-18.

Harper said he didn’t understand why the bill, which would allow installment loans with effective interest rates nearing 220 percent, was being rushed to a vote when it still needed work. He said sending the bill to the House to get “fixed” was just “punting the ball.”

The move also started a 30-minute floor fight with vocal payday loan critic, Sen.

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March
25th

Senate approves bill to limit phosphorus in fertilizer

The Senate passed a measure today that would limit when and where people can use fertilizer that contains phosphorus in Washington, a move environmentalists said was an important step toward better water quality in the state.

In a 32-16 vote the Senate approved House Bill 1489, one of the environmental lobby’s four main priorities for the session.

“This legislation protects our state’s water supplies and our groundwater,” said Sen. Sharon Nelson, D-Maury Island, during floor debate on the bill. “It is an important step forward.”

According to the Ecology Department, phosphorus runoff can lead to algae blooms in lakes

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