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Newspaper
Baytown Sun
Location
Baytown, Texas, United States of America
Date
Jun 04, 2014
Page
4
Our view argues payday lenders function as legal loan sharks in Texas with unregulated high interest. Baytown joins Houston and others in adopting controls to curb triple digit rates while recognizing legitimate loan needs and consumer protections.
City of Baytown imposes caps on payday loans at 20 percent of gross monthly income and auto title loans at the lesser of 3 percent of gross annual income or 70 percent of vehicle value. Installment loans may not exceed four payments with 25 percent of each payment used to repay the loan, and refinances or renewals may not exceed three times with 25 percent of the loan repaid per refinance. Loans within seven days of a prior loan count as refinances. New loan businesses face 5,000 foot distance limits.
A compact guide lists lawmakers contact details for Texas and federal offices. It includes Governor Perry U S Senate Cornyn Cruz, House Stockman, Texas Senate Garcia, and Texas House Ives Wayne Smith with P O Boxes, street addresses, and phone numbers for Austin Houston Baytown and Washington D C offices.
Simi Valley hosted the Mobile Vietnam Memorial Wall for a week of public viewing and Memorial Day services with patriotic sponsors from around town. Readers viewed the wall reverently as flowers and flags paid tribute to fallen soldiers. The author, Carmen S. Martinez, notes names printed by an illustrated bio, including Charles H. Kilgore, Daniel Pena Jr., Jake A. Simmons, and Noe Tamegoza.
In early 1900s Chambers County, Wallisville fights hogs and a shift to pen laws, while Anahuac mocks the town. A local election passes a hog pen law, then a separate vote relocates the county seat to Anahuac. Anahuac wins 390 to 244. Wallisville keeps others voting. Final court meeting is August 25, 1908.
Texas AG and gubernatorial candidate Greg Abbott declares opposition to a federal plan to slash emissions by 39 percent, warning it would harm Texas jobs and energy production. He argues EPA reliance on governors could be overridden if he wins the November election.
On this date events span 1919 vote rights expansion to women. Dunkirk evacuation end in 1940. Battle of Midway begins in 1942. Angela Davis acquittal in 1972. Pollard guilty plea in 1986. Oklahoma City bombing sentencing in 1998. Obama speech in Cairo in 2009. IRS controversy details emerge in 2013. Thought for Today quotes Rilke.
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