S.C. Update:
April 15, 2009 | South Carolina, The State, industry, regulation, states | Comments (0)From the State Newspaper:
Payday lending set to get vote this week
The Senate set plans in motion Tuesday to take up a bill regulating payday lending this week.
Senators will also hash out a resolution that affirms South Carolina’s sovereignty rights under the Constitution’s 10th Amendment, another issue that is expected to spark heated debate.
Rules chairman Sen. Larry Martin, R-Pickens, asked the Senate to move both pieces of legislation to priority status on the remaining Senate calendar, which they easily did, over the vocal objections of two lawmakers.
Sen. Robert Ford, D-Charleston, and Sen. Gerald Malloy, D-Darlington, both voiced concerns about giving the measures special calendar status.
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