Those bills include one sponsored by Rep. Paul Curtman, R-Pacific, and another sponsored by Don Wells, R-Cabool. Curtman's bill would ban the acceptability of foreign laws in court. Wells' bill specifically targets Shariah law as unacceptable. Although Curtman's bill rejects foreign law, it does not specify Shariah law in its language like Wells' bill does.
Staying in businessIf Still's bill had passed, the 36 percent APR on a two-week loan would break down to a $1.38 charge on a $100 loan. This breaks down to less than 10 cents a day. Rep. Don Wells, R-Cabool, the chair of the Financial Institutions Committee, said this would lead to the death of payday loan offices.
The event was organized as a response to a few bills that have been brought up in the statehouse regarding foreign law. Those bills include one sponsored by Rep. Paul Curtman, R-Pacific, and another sponsored by Don Wells, R-Cabool. Although Curtman's bill rejects foreign law, it does not specify Shariah law in its language like Wells' bill does.
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