Ballot Title Setting Board
2017-2018

The title as designated and fixed by the Board is as follows:

A change to the Colorado Revised Statutes reducing the maximum amount of the monthly maintenance fee that a lender may charge for an outstanding deferred deposit loan from the lesser of seven dollars and fifty cents per one hundred dollars loaned or thirty dollars per month to the lesser of five dollars per one hundred dollars loaned or twenty-five dollars per month.

The ballot title and submission clause as designated and fixed by the Board is as follows:

Shall there be a change to the Colorado Revised Statutes reducing the maximum amount of the monthly maintenance fee that a lender may charge for an outstanding deferred deposit loan from the lesser of seven dollars and fifty cents per one hundred dollars loaned or thirty dollars per month to the lesser of five dollars per one hundred dollars loaned or twenty-five dollars per month?

Hearing April 18, 2018

Single subject approved; staff draft amended; titles set.
Hearing adjourned 11:55 AM

* Unofficially captioned “Maintenance Fees on Payday Loans” by legislative staff for tracking purposes. This caption is not part of the titles set by the Board.