Discussing the payday lending ballot measure, Proposition S, that St. Louisans will vote on tomorrow | St. Louis Public Radio

Discussing the payday lending ballot measure, Proposition S, that St. Louisans will vote on tomorrow

Mar 6, 2017

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On Monday’s St. Louis on the Air, we heard from St. Louis Public Radio business reporter Maria Altman about a ballot measure St. Louis voters will encounter at this Tuesday’s primary election.

Related: Prop S seeks more regulation of payday loans in St. Louis; supporters say state is failing

In addition to voting in the primary for St. Louis’ next mayor and aldermen, voters will also be faced with a choice about Proposition S. The text of the proposition reads as such:

“Shall the City of St. Louis, Missouri, be authorized to impose an annual fee of $5,000 for each permit (new or renewal) for a Short-Term Loan Establishment or $2,500 for a permit issued with less than 6 months remaining in the calendar year?”

St. Louis on the Air brings you the stories of St. Louis and the people who live, work and create in our region. St. Louis on the Air host Don Marsh and producers Mary EdwardsAlex Heuer and Kelly Moffitt give you the information you need to make informed decisions and stay in touch with our diverse and vibrant St. Louis region.