On Monday, June 26, 2023, Governor DeSantis vetoed HB 1267 – Consumer Finance Loans, a bill that removes the tiered interest structure and increases the maximum interest rate to 36 percent. In response to Governor DeSantis vetoing HB 1267, Florida Senator Rosalind Osgood (D- Tamarac) issued the following statement Wednesday:
“HB 1267 would have made the citizens of Florida more vulnerable to predatory lending and put consumers at risk for greater financial hardships. Vetoing this bill was in the best interest of the citizens of the State of Florida.”
###
About Senator Osgood A proud Broward County native and Fort Lauderdale High School graduate, Dr. Osgood serves as a member of the Florida State Senate, representing District 32. To date, Dr. Osgood has over 22 years of background in non-profit management where she has served as CEO of the Mount Olive Development Corporation (MODCO), Associate Minister at New Mount Olive Baptist Church, Former Adjunct Professor at Nova Southeastern University Huizenga School of Business, and member of the Broward County School Board’s District 5 representative where she served as Chair twice, her leadership advances to the Boards of Alpha Kappa Alpha Sorority, Inc., Fort Lauderdale Chapter of the Links, Inc., and the Broward Behavioral Health Coalition Board. Her motto remains, “Overcome Obstacles by Optimizing Opportunities”.
Originally published at https://www.flsenate.gov/Media/PressReleases/Show/4477
