New bill in Virginia
February 1, 2010 | Virginia, industry | Comments (0)Here’s the description from the newspaper:
HB 412 – Authorizes local governments to reasonably limit the number of payday lenders that operate in the locality.
HB 413 – Allows a locality to adopt an ordinance requiring payday lenders to get a special exception or special use permit to operate.
The bills would let local officials such as city councils and county supervisors limit payday lenders in their communities. O’Bannon noted that there often are tensions between federal and state governments and between state and local governments.
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