Tuesday, April 10, 2012

Senate votes down bill that would have hurt Arizonans and the economy

STATE CAPITOL, PHOENIX – Today the Arizona Senate voted down HB 2664. This bill could have empowered out-of-state debt collectors to force Arizona citizens to repay debts that were already paid, dismissed or forgiven.

Rep. Debbie McCune Davis, D-Phoenix (District 14), has been an opponent of this bill and said that stopping this legislation will protect the Arizona economy.

“This is bad legislation that would have weakened consumer protection laws when other states are strengthening these laws,” McCune Davis said. “It benefits out-of-state debt buyers, companies that purchase and attempt to collect debt after it has gone into default. The Senate did the right thing by voting it down. Although, I expect that lobbyists representing the debt buyers will try to revive the bill before the end of session.”

HB 2664 failed a Senate vote by 12-18.

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