Payday Lending, Minimum Wage Initiatives Off Missouri Ballot

JEFFERSON CITY — Supporters of initiatives to raise the state’s minimum wage and stiffen regulations on payday loans have given up their legal fight to get the measures on the November ballot.

Last month, Secretary of State Robin Carnahan announced that neither measure had collected the required signatures to be placed on the ballot. The two groups that organized the petitions drives — Missourians for Responsible Lending and Give Missourians a Raise — balked at the claim, saying a significant number of signatures were improperly invalidated. They vowed to fight Carnahan’s decision.

But Monday both groups conceded that the the legal hurdles erected by “the payday lending industry, their allies and their lawyers” are too high to clear before the Sept. 21 deadline for finalizing the November ballot. While they still believe they collected enough signatures for the initiatives to be put before the voters, they decided to drop their lawsuit challenging Carnahan’s ruling.

Read more at Kansas City Star.
Photo Courtesy of Creative Commons

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