Pay day lending businesses are under scrutiny again this year.

A new bill supported by State Senator Amanda McGill would set new restrictions and regulations for such businesses.

Nebraska economists say pay day loans are responsible for a $19 million loss in Omaha households, alone.

Senator McGill is supporting the new bill because she says they aren't good for our economy and they don't help people trying to get out of debt.

McGill proposes that the state set up a database to keep track of who is using cash advance services and how much a person takes out each year.

The Senator also requests that there be a set limit as to how much money a person can take out at a time. The bill sets that limit at $500.

There would also be a three-day waiting period between cash advances.