Senate committee backs lifting state lending caps in Arizona
A Senate panel voted to remove interest rate caps on small loans, arguing that higher rates may be needed to cover costs. The bill would repeal limits on loans up to 10,000 dollars and on smaller loans, currently capped at 36 percent for 1,000 dollars or less, with higher rates for larger amounts. Critics warn caps protect borrowers from predatory practices, while supporters say competition among lenders will set fairer rates. The measure advances to the Senate floor.
MENTIONED IN THIS ARTICLE
Senate
Harold Stratton Jr
Noble Finance
Arizona
Stratton
Senate Committee On Commerce and Economic Development
Skelly
Noble
Tucson
Bruce Burke
Burke
Tom Patterson
Phoenix
ASU Cites Educational Merit in Controversial Courses and Budgets
Tim Miller’s nude stage work and Tales of the City draw viewer responses as ASU officials defend human condition courses. Chesley clashes with Coor over sexual content while lawmakers probe funding, including potential cuts and a proposed ASU East campus. Chesley warns of “sick people” while KAET reports 299 viewer calls, 211 favorable. Rep. Groscost seeks budget reductions tied to provocative programs. Coor notes $7,000 channel support from donations and $6,312 in Miller expenses for a 341-seat, sexually explicit performance. Annis Hopkins runs the annual lesbian culture class, salary about $27,000. Chesley questions university sanctioning and parolee access to the Law School. Coor seeks a 5 percent faculty raise and $2.2 million for the new campus.
MENTIONED IN THIS ARTICLE
Coor
Annis Hopkins
Chesley
James Hamm
Law School
ASU
Fife Symington
ASU East
Williams Air Force Base
Mesa
RICO scrutiny probes police seizure practices in Phoenix
The Tribune analysis of RICO cases finds police often seize property from small offenders or even those never charged while profits from seizures create a cash cow. A House bill would require advance notice to suspects and mandatory reporting to the Legislature budget office and the governor’s office. Baird expected to testify at 4 p.m. in the state House at 1700 W Washington St Phoenix.
MENTIONED IN THIS ARTICLE
the Tribune
Somnabildy Dist
Onture
Baird
State House of Representatives
Washington St
Phoenix
Also Mentioned on This Page
Sen. Lito Pena
Jim Skelly
Pat Wright
Glendale
Tim Miller
Miller
ASA
KAET
Jeff Groscost
R-Mesa
House Appropriations Committee
Groscost
Channel 8
Rico
House
Mdvadays
Aaron
E. Main ST
Nu-Life
Hearing Labs
E. McDowell
Scottsdale Capago Piaza
Field Elementary
P.E
See's Candy Shop
Lee’s
Pound
Lee
See
TriCity
Southern Ave
Diamond & Gold Sales
Popu Srg
UKM
IUTIT
TAK Sevetey
OIA
Downtows Mesa
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