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Committee debate splits banks and consumer advocates; bill to curb pre-dispute jury waivers fails
Summary
Senate Bill 558, which would have restricted pre-dispute contractual jury-waiver clauses for consumer contracts, drew testimony from affected borrowers and banking representatives; after lengthy debate and an immediate‑consideration motion, the committee ultimately voted the bill down on roll call.
Senate Bill 558, brought by Senator Stubblefield, would have narrowed the enforceability of pre‑dispute contractual waivers of jury trial in certain consumer contracts. Sponsors and civil‑liberty advocates argued the measure protects constitutional and procedural rights; banks and in‑house counsel warned of higher litigation…
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