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New Mexican (Newspaper) - March 2, 2005, Santa Fe, New Mexico THE SANTA FE r owned epecdeni Serving New Mexico for156 years WEDNESDAY MARCH 2 2005 FIFTY CENTS House OKs proposal to regulate payday loan industry By STEVE TERRELL The New Mexican The House on Tuesday overwhelmingly passed a bill dealing with payday loans which supporters say would provide new protections for borrowers Consumer advocates how ever said it would only set into law three figure interest rates and con tinue cycles of debt voted 59 to pass House 65 which GOP sponsored with Rep Patty health and by the industry run campaigns on payday and autotitle loan industry as Page as the mainstream banking industry This bill provides more consumer protection than other Lundstrom told reporters after Tuesdays vote In response to critics who say the legislation doesnt go far enough she said We have to take baby Payday loans are shortterm cash advances against bor rowers paychecks Typically a borrower who cant repay the principal when its due can easily extend the loan by paying another fee while never reducing the principal The bill would limit payday loans to give borrow ers 24 hours to change their minds impose limits on delin quent fees and bouncedcheck charges and require loan agreements to be provided in Spanish as well as English Once a customer has repaid twice what was originally borrowed the loanwould be Please see LOAN Page A7 INSIDE TODAY Bringing out your inner Martha Once considered the hallmark of a 1950s mad housewife baking is now as sexy as a piece of cake Taste Cl Todays obituaries Gregorita Sanchez 94 Virginia Romero 87 Feb 26 Ima Starner Jonathan Reeves Please see Page B2 Todays forecast Partly cloudy and warmer than usual High 52 low 24 Page B2 INDEX Mailbox D7 Lotteries Business Classififds Comics Crossword Horoscope Local news DS C2 DS D7 D7 Opinion Scorohoaul Sports Stocks Tasie B2 B2 A7 D2 Dl Cl Four sections 32 pages 156th year Issue No 61 Publication No 596440 Late paper 9840363 Suspects in gay bashing attend first court hearing Jason New Mexican David Trinidad a 17yearold charged in Sundays beating of two gay men is escorted to a police car by Santa Fe County Sheriffs Deputy Manuel Saiz follow ing Trinidads arraignment Tuesday afternoon before District Judge Barbara Vigil By JASON AUSLANDER The New Mexican Two men and a boy pleaded innocent Tuesday to charges stemming from what police described as a brutal gaybashing incident If convicted District Attorney Henry Valdez said each of the three defendants would be the first in Santa Fe to face longer sentences as a result of a hatecrimes law adopted in New Mexico in 2003 Meanwhile James Maestas 21 of Santa Fe remained hospitalized with injuries suffered when he was beaten unconscious during the weekend incident His family requested that his condition not be made public A second victim Joshua Stockham 24 of Albu querque was treated Sunday for minor injuries at St Vincent Hospital and released At an arraignment Tuesday Santa Fe County Magistrate Judge George Anaya Jr entered not guilty pleas on behalf of Gabriel Maturin 20 and Isaia Medina 19 The two Santa Fe men arc each charged with aggravated battery battery and con spiracy David Trinidad 17 also of Santa Fe faces two counts of aggravated battery two counts of con spiracy and one count of criminal damage to prop erty Because he is a juvenile Trinidad appeared in District Court where his lawyer entered a plea of Please see COURT Page A4 Gabrial Maturin Isaia Medina Supreme Court bans youth death penalty By DAVID Los Angeles Times Jano Now Mexican Pojoaque Pueblo Governor George Rivera shown here at The Downs at Santa Fe grand stand on Tuesday said his tribes proposal to reopen the racetrack add slot machines and make other improvements would be an economic boost to the Santa Fe area Pojoaque seeks to reopen track WASHINGTON The Supreme Court on Tuesday abolished the death pen alty for juveniles ruling it is excessive and cruel to execute a person under age 18 when the crime was com mitted Juveniles are less mature than adults and no matter how heinous their crimes they are not among the worst offenders who deserve to die the 54 major ity said Three years ago the court struck down the death pen alty for mentally retarded criminals the logic of that ruling called for a similar ban on capital punishment for juvenile offenders the court said Tuesdays decision means that 72 convicted murderers on death row in i2 states will be resentenced The ruling willalso pro hibit execution of defendants in pending cases includ ing Lee Boyd Malvo one of the snipers who terrorized Please see BANS Page A8 By MARISSA STONE The New Mexican Pojoaque Pueblo on Tuesday formally revived plans to reopen its horse race track south of Santa Fe with the addition of slot machines and possibly a night club The pueblo which bought The Downs at Santa Fe in 1996 and closed it the fol lowing year applied to the state Racing Commission for permission to resume racing in 2007 Before the tribe could install hundreds of slot machines to help make the project financially feasible Pojoaque will also need approval from the state laming Control Board Were doing this because its a sound business opportunity and weve already worked on planning and development for several Pojoaque Gov George Rivera said He estimated The Downs could bring in million a year in profits boost the local economy and add 200 jobs However getting regulatory blessings needed from state commissions could be complicated by Pojoaqucs fiveyearold legal battle with the state over sharing of revenue from its Cities of Gold Casino north of Santa Fe State Attorney General Patricia Madrid recently asked a federal judge to shut down the casino because the tribe refuses Please see TRACK Page A6 Taos Ski Valley gets a lift from snow extends season By STACI MATLOCK The New Mexican Blessed with its best snow base in years Taos Ski Val ley is extending its ski sea son a week to April 10 and putting lift tickets on sale We have enough snow to stay open for said Adriana Blake Taos Ski Valley marketing manager Blake said at least the front side trails and ski lifts will be open through April 10 Other trails will remain open depending on weather Lift tickets will cos from April 4 through April 10 Taos Mountain enjoyed 220 inches of snowfall this winter and sported a 100inch base by the end of February It hadnt stopped snowing in days according to one skishop employee Its awe said Mary Finneli who runs Cottams Ski Shop see SKI Page A8
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