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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 11, 2005
Page
10
In Des Moines the 2005 legislative session stalled as Democrats pressed for a budget path with a call of the House. Republicans blocked talks while voting to end debate, then backed a House version, forcing a Senate rebuff and return to conference.
Three years after authorizing new ventures the Iowa Legislature told the Lottery to curb slot-like touch-play machines in bars and convenience stores. The Admin Rules Review Committee voted to refer the issue to next session, citing concerns about minors and device proliferation.
The Iowa House approved House File 828 to raise registration fees for boats, personal water craft, and motorboats, proposing hikes across length categories. Senators amended the plan to increase fees further, forecasting about 920 thousand dollars in new annual revenue, with rates boosting in multiple vessel classes from 2.50 to 37.50 dollars per year.
Consumer advocates pressed for new limits on car title loans. They say some lenders charge up to 360 percent interest and target cash-strapped borrowers. The push seeks Senate approved restrictions on title loans using a vehicle as collateral. Attorney General Miller notes a Georgia company expanding branches in Iowa. A typical loan allows repossession for minor delinquencies if a consumer offers a clear title and keys.
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