Arise legislative update: Predatory lending bills sent to Alabama House subcommittee, likely dead for 2013 regular session

An Alabama House committee referred three predatory lending bills to a subcommittee Wednesday morning, likely signaling their demise in the 2013 regular session. The move was a disappointing anticlimax to an extended public hearing that featured a broad coalition of advocates pushing for the bills. This legislative update highlights that hearing, the committee's decision and the remaining prospects for reform this year.

Read ACPP policy analyst Stephen Stetson's legislative update here.

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