Last Name. Share this. Follow Ballotpedia. As of Octobera total of 37 states permit payday lending. Four states—Colorado, Montana, New Hampshire, and South Dakota—have enacted 36 percent annual interest rate caps that prohibit additional fees or charges. Three of those caps were passed through citizen initiatives: ColoradoSouth Dakotaand Montana Four states authorize payday lending with limits on APR, but permit lenders to charge extra fees on top of interest.
The remaining 29 states authorize payday lending without limits on APR. Nebraskans for Responsible Lending led the campaign in support of Initiative Ballotpedia has not identified a registered campaign in opposition to Initiative Brad Hill, with the Nebraska Financial Services Association, opposed the initiative saying, "We provide credit to a section of the public that cannot get credit from the banks.
The initiative is also facing a lawsuit filed on July 27, Trina Thomas, the owner of Paycheck Advance, argued in the lawsuit that the term "payday lenders" was not in the statute that the initiative would amend and therefore the initiative is misleading to voters. The ballot title was as follows: . The ballot summary was as follows: .
The object statement was as follows: . The object of this petition is to amend Nebraska statutes to reduce the amount that delayed deposit services es, also known as payday lenders, can charge to a maximum annual percentage rate of thirty-six percent; to prohibit payday lenders from evading this rate cap; and to deem void and uncollectable any transaction made in violation of this rate cap.
The full text of the measure can be read below. The word count for the ballot title is 55, and the estimated reading time is 14 seconds. The word count for the ballot summary is 72, and the estimated reading time is 19 seconds.
If you are aware of any opponents or opposing arguments, please send an with a link to editor ballotpedia. Ballotpedia has not identified any committees registered in opposition to the initiative. To read Ballotpedia's methodology for covering ballot measure campaign finance information.
Ballotpedia did not locate media editorial boards opposing the ballot measure. If you are aware of an editorial, please the article to editor ballotpedia. If a borrower fails to repay the loan on or before the due date, the lender can cash the check or electronically withdraw money from the borrower's. Other common features of payday loans include: . The last amendment to the statute was in by the state legislature.
The total of transactions for the year wasNebraska states shaded in light blue authorize payday lending without limits on APR. Four states shaded in dark blue authorize payday lending with limits on APR, but permit lenders to charge extra fees on top of interest. Thirteen states prohibit payday lending. Ballotpedia tracked the following ballot measures deed to limit interest rates and charges for payday loans:. InArizona voters defeated a measure that would have allowed the practice of payday lending indefinitely after a temporary enabling law expired in cabinet In Nebraska, the of atures required to qualify an initiated state statute for the ballot is equal to 7 percent of registered voters as of the dating for filing atures.
Because of the unique ature requirement based on registered voters, Nebraska is also the only state where petition sponsors cannot know the exact of atures required until they are submitted. Nebraska law also features a distribution requirement mandating that petitions contain atures from 5 percent of the registered voters in each of two-fifths 38 of Nebraska's 93 counties. atures must be submitted at least four months prior to the next general election.
atures do not roll over; they become invalid after the next general election at least four months after the initial initiative application filing. Depending on when the initiative application is filed, petitioners can have up to just under two years to circulate petitions.
atures are submitted to the secretary of state. The secretary of state sends the appropriate ature petitions to each county, where county election officials verify the atures. Upon receiving the atures back from county officials, the secretary of state determines whether or not the requirements were met.
Cost of ature collection: Sponsors of the measure hired Fieldworks LLC to collect atures for the petition to qualify this measure for the ballot. She argued that the term "payday lenders" was not in the statute that the initiative would amend and was "deceptive to the voters as it unfairly casts the measure in a light that would prejudice the vote in favor of the initiative.
Thomas appealed the decision to the Nebraska Supreme Court.
Uno file cabinet collection
Ryan Post, who represented the state's attorney general's office at the hearing, said, "At a certain point, we have to be able to have a little bit of discretion to come up with the most fair description of what a ballot initiative is trying to do. On September 10, the state Supreme Court ruled in favor of the defendants. The Court argued that Thomas did not produce evidence for her claim that the term "payday lenders" was deceptive to voters.
The Court said, Nebraska argues cabinet the term 'payday lenders' creates an unfairness, because it is a slang term. However, Thomas has not offered any evidence to support this position. This is not a case where a colloquial term is substituted for a statutory term; rather, it supplements the statutory term with a commonly used term. We agree with the district court that the term 'payday lenders' would not deceive or mislead voters dating the initiative petition, because the record shows 'payday lenders' is a term commonly known by the general public and used within the payday loan industry.
At the time of the filing, at least atures had been withdrawn citing that petition circulators had not read the object statement before voters ed the petition. The original petition contained 31 of the registered voters in Loup County or 6. After six Loup County voters withdrew their atures, the rate decreased to 4. Nebraskans for Responsible Lending responded to the lawsuit saying, "We are confident that our atures were gathered properly and in exact compliance with the law. On September 10, a Lancaster County District Court judge dismissed the lawsuit because the challenge did not meet the statutory deadline to file affidavits to remove atures from the petition.
Affidavits must be filed "prior to or on the day the petition is filed for verification.
On October 16, the Nebraska Supreme Court upheld the lower court ruling to dismiss the case. Click "Show" to learn more about voter registration, identification requirements, and poll times in Nebraska. In Nebraskaall polling locations are open from a.
Central Time and a. Mountain Time. An individual who is in line at the time polls close must be allowed to vote. Nebraska is divided between Central and Mountain time zones. To register to vote in Nebraska, each applicant must be a citizen of the United States, a resident of the Nebraska county in which they are registering, and at least 18 years old by the first Tuesday after the first Monday in November. Citizens are eligible to register to vote on January 1 of the year they will turn 18 before the November general election.
Individuals who have been convicted of a felony are ineligible to register to vote until two years after the terms of their sentence have been completed, and individuals who have been declared mentally incompetent by a court are ineligible to register to vote. In-person registration must be completed by the second Friday preceding the election.
Applications returned by mail must be postmarked by the third Friday before the election. Nebraska does not practice automatic voter registration.
Nebraska has implemented an online voter registration system. Residents can register to vote by visiting this website.
University archives file cabinet collection (university of nebraska at omaha records)
The Nebraska State Senate enacted legislation allowing online voter registration inand the system was implemented in Nebraska does not allow same-day voter registration. In Nebraska, citizens can register to vote the day they become residents of the state. Nebraska does not require voters to present identification while voting, in most cases. A first-time voter who registered by mail and did not provide identification will be asked for an ID on election day.
As of April35 states enforced or were scheduled to begin enforcing voter identification requirements. A total of 21 states required voters to present photo identification at the polls; the remainder accepted other forms of identification. Valid forms of identification differ by state. Commonly accepted forms of ID include driver's s, state-issued identification cards, and military identification cards.
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