Critics challenge Mo. measure to limit payday loan interest
The proposed ballot measure would cap interest, fees and charges for payday and car title loans at 36 percent per year.
Critics of the proposal filed a lawsuit in the state Capitol's home of Cole County. The suit contends a ballot summary for the proposal is inadequate and unfair and that the cost estimate for the proposal does not address all the possible costs.
An effort to cap campaign contributions to candidates in Missouri has moved one step forward.
The secretary of state's office on Friday approved a summary for a proposed ballot measure. That clears the way for supporters to begin collecting the more than 91,000 signatures needed to put the question to voters in 2012.
The proposal would bar candidates from accepting more than $5,000 per donor for each election.
Missouri's campaign finance laws have undergone numerous makeovers in recent years.