senate committee

Committee Votes Down Payday Loan Restrictions in Alabama

A Senate committee has voted down a proposal to give payday lending customers longer to repay their loans. Lawmakers voted 6-8 against the bill that would give borrowers 30 days to repay a loan instead of as little as 10 days. Opposed senators said they believed people would turn to internet lenders if the payday lending stores weren’t available in…

Senate Committee Approves Lottery Bill

A Senate committee has approved lottery legislation aimed at letting Alabama join multi-state games such as Powerball. The Senate Tourism and Marketing Committee on Wednesday approved the proposed constitutional amendment by a 3-2 vote. However, the bill is expected to face opposition if it makes it to a floor vote. Alabama is one of a few states without a lottery….