Ballot Title Setting Board
2017-2018

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

An amendment to the Colorado Revised Statutes concerning limitations on payday lenders, and, in connection therewith, reducing allowable charges on payday loans to an annual percentage rate of no more than thirty-six percent.

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

Shall there be an amendment to the Colorado Revised Statutes concerning limitations on payday lenders, and, in connection therewith, reducing allowable charges on payday loans to an annual percentage rate of no more than thirty-six percent?

Hearing February 21, 2018

The Board made technical corrections to the text of the initiative to correct drafting format errors.
Single subject approved; staff draft amended; titles set.
Hearing adjourned 2:23 PM.

Rehearing March 7, 2018

Motion for Rehearing denied.
Hearing adjourned 11:20 AM.

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