Senator Bill Nelson has filed new legislation to help U.S. service members in the long run. "We've got a real problem," Senator Nelson said. "Almost half of the enlisted non-commission recruits go out and are taken advantage of when they get their paycheck by the payday loan folks. A dozen years ago, this was so bad they were charging 100 to 150 percent interest on payday loans."
Veterans from around Bay County expressed concerns to U.S. Sen. Bill Nelson at a round table meeting in Panama City. Sen. Nelson spoke with veterans about a piece of legislation he is proposing, that would protect the military from being taken advantage of by payday loans. The legislation would cap the interest rate at 24 %. He says this is so... "the poor member of the service doesn't keep building up these loans that they can't pay. And then have to declare bankruptcy."
Florida Sen. Bill Nelson introduced a bill to prevent the online publication of blueprints that could be used to create a 3D-printed weapon. The technology becomes available online starting Wednesday under a settlement President Donald Trump's administration reached earlier in the year with Defense Distributed, a Texas-based nonprofit. Nelson's bill would make it illegal for anyone to publish a file that would allow a 3D printer to build a gun, according to a news release by the Democrat's office.
Sen. Bill Nelson called Monday for the Federal Trade Commission to look into SunPass operator Conduent State & Local Solutions, admonishing the Florida Department of Transportation for not doing so already.