Republican Rep. Vance McAllister won't seek re-election this fall after being caught on video kissing a married female aide.
Business organizations opposed the proposal, saying it would lead to job losses and higher prices for goods and services.
The Senate Finance Committee approved the bill Wednesday, despite opponents who argued it would shut down the storefront lenders.
An attempt to repeal a six-year-old law that permits public school science teachers to use material outside a classroom's adopted textbook has been rejected by the Senate Education Committee.
A measure to allow the state to implement its own, less stringent plan for limiting carbon dioxide emissions unanimously passed the Senate.