Today, in her second year in office, Idaho Lt. Gov. Janice McGeachin got her first chance to break a tie in the Idaho Senate. McGeachin voted “no” on HB 399, a fairly obscure bill proposed by the Idaho Department of Finance that had drawn a 16-16 tied vote. McGeachin’s vote killed the House-passed bill.
The bill proposed to allow collection agencies to collect incidental charges incurred in the contract between the creditor and the debtor, while also reducing some licensing and reporting requirements for collection agents, debt counselors, credit counselors and credit repair entities. It was estimated to result in a $250,000 a year loss to the state due to the decrease in reporting requirements and associated fees.
McGeachin did not immediately respond to an interview request this afternoon. HB 399 passed the House, 42-27, on Feb. 14.