Initiated Measure 21

Posted by Stephanie Rissler on

Initiated measure 21 is one of two ballot questions dealing with the payday loan industry. The Initiated measure will set a maximum finance charge for certain licensed money lenders. If passed the measure will prohibit certain state-licensed money lenders from making a loan that charges an annual percentage rate greater than 36%. SDPB visited with the organization supporting the measure, South Dakotans for Responsible Lending. SDPB made several attempts for an on-camera interview from the organization opposing the measure, Give us Credit South Dakota. No one responded to our requests. 

South Dakota Focus Initiated Measure 21 Will set a maximum finance charge for certain licensed money lenders.

subscribe to sdpb email updates food and cooking banner image learning blog link living blog link news and information blog link science and technology blog link sports blog link image

The Latest From SDPB Radio News

In The Moment...Author Sebastian Barry & Women's March

In The Moment...January 24 2017 Show 014 Hour 2 Guests: Sebastian Barry, author; SDPB's Victoria Wicks & SDPB's Kealey Bultena , women's march; Paul Horsted & Jerry...

In The Moment...Holocaust & Land In SD

In The Moment...January 24 2017 Show 014 Hour 1 Guests: Hayley Brooks, genocide studies advocate; LuAnn Severson, director of public affairs and public development...

State Lawmaker Resigns District 8 House Seat

Eighth-District State Representative Matthew Wollman has resigned his seat, days after admitting to having sexual...

Women's March Draws Crowd, Questions

Participants in the Women's March in Sioux Falls have different reasons for demonstrating. Some say it's political...

Women, Supporters March In Rapid City To Assert Women's Rights As Human Rights

On Saturday South Dakotans joined millions of people across the world for a one-day rally. The Women's March on...

Suzan Nolan in D.C.: Women's Concerns Are Universal

One of the South Dakotans who joined the Women's March on Washington, D.C., was Suzan Nolan of Rapid City. Nolan had...

Statehouse Podcast: Wiretapping, Energy, A Preview Of Next Week

A proposal to add electronic devices to the state’s wiretapping laws probably won’t be used much in the future. The...

Lawmakers: “Expect A Busy Session Going Forward”

Statehouse legislative leaders say after a slow week of formalities, lawmakers should expect a lot more activity in...

Leadership Says Current Wiretapping Statute Hardly Used

State Republican legislative leaders say if the governor’s proposal to add electronic devices to the state’s...

Committee Investigation Into Legislator’s Sexual Contact Set For Tuesday

The legislative committee to investigate a Republican representative for sexual contact with interns will meet on...

The Latest from NPR News

75 People Arrested, Accused Of Trafficking Stolen Art And Archaeological Relics

Authorities say they recovered about 3,500 pieces of stolen art, most of it from countries at war. Spanish police...

How To Get Dads To A Parenting Class? Ask Them To Read To Their Kid

In a world of mom-focused parenting classes, this class got low-income Latino dads engaged by focusing on a tangible...

A Chocolate Candy Aims To Make The World Think About Hunger

Three master chefs created a special candy 'to raise awareness on food waste and hunger' and served it at Davos...

John Lewis' Graphic Memoir Wins 4 American Library Association Awards

March: Book Three, the third installment in the civil rights leader's memoir, won the Coretta Scott King Award for...

Trump To Nominate Heather Wilson As Secretary Of The Air Force

If confirmed, Wilson would be the first Air Force Academy graduate to hold the position. She represented New Mexico...

Trump Signs 3 Executive Orders, Including Withdrawal From Pacific Trade Deal

That order is mostly symbolic. The Trans-Pacific Partnership, strongly backed by the Obama administration, was never...