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 annual rate of interest that a lender may charge for a deferred deposit loan or as an additional finance charge for the renewal of a deferred deposit loan from forty-five percent to thirty-six percent.

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 annual rate of interest that a lender may charge for a deferred deposit loan or as an additional finance charge for the renewal of a deferred deposit loan from forty-five percent to thirty-six percent?

Hearing April 18, 2018

Single subject approved; staff draft amended; titles set.
Hearing adjourned 11:50 AM

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