Missouri Cash Advance Initiative (2020)

Missouri Cash Advance Initiative (2020)

maybe not on Ballot
This measure had not been placed on an election ballot

The Missouri pay day loan Initiative would not result in the November 2012 ballot into the state of Missouri being a state statute that is initiated.

The proposed measure ended up being sponsored by way of a team called Missourian’s for Responsible Living. 1

A complete of 3 effort petitions had been authorized for petition blood supply. 2

Articles

  • 1 Text of measure
  • 2 Background
  • 3 Support
    • 3.1 Tactics and strategies
  • 4 Opposition
  • 5 Legal Actions
    • 5.1 John Prentzler v. Missouri Secretary of State, et al.
    • 5.2 Post-disqualification lawsuit
  • 6 way to the ballot
    • 6.1 Initiative procedure questioned
  • 7 See additionally
    • 7.1 Articles
  • 8 exterior links
  • 9 extra reading
    • 9.1 Editorials
  • 10 Footnotes

Text of measure

The ballot name when it comes to petition read: 2

Shall Missouri legislation be amended to restrict the yearly interest rate, costs, and finance costs for payday, title, installment, and credit rating loans, unless the events agree otherwise written down, and prohibit such loan providers from making use of other deals to prevent the price restriction?

The proposition is believed to bring about no direct expenses or cost savings to mention and neighborhood government entities. More