To require all payday lenders to utilize a database of all loan transactions, which would be maintained by a thrid-party private entity. The database would also be accessible to the Office of Financial and Insurance Services (OFIS) for regulation purposes.
21 Yeas / 15 Nays | |
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Republican (16 Yeas / 5 Nays) | |
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Democrat (5 Yeas / 10 Nays) | |
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Excused or Not Voting (2) | |
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