Legislative Update
Turning the Tide towards Justice:
2010 Report on the
State Legislative Session
Colorado Interfaith Voices for Justice
& Lutheran Advocacy Ministry-Colorado
Senate Bill 06 (Identification documents) provides free birth or death certificates for people referred from Department of Human Services, free ids for people released from corrections or jail, and allows a judge discretion in name changes for people with a felony. This bill will help those exiting corrections get back on their feet since many people lose their ID documents while incarcerated. This will help people attain social services and assist them towards getting proper documentation for work.
End Result: Passed House & Senate, signed by Governor
Senate Bill 68 (TANF Reform-Temporary Assistance to Needy Families) removes the asset test requirement to be eligible for the Colorado Works program (TANF). This bill expands the amount of people who can qualify for assistance (TANF).
End Result: Passed House & Senate, signed by the Governor
House Bill 1022 (Food Stamps Reform) creates a state outreach program and eliminates the asset test requirement for participation in the Supplemental Nutrition Assistance Program (SNAP). This program will help get more low-income people who need assistance enrolled in the Food Stamps program.
End Result: Bill passed House & Senate, signed by the Governor
House Bill 1384 makes noncitizens wait five years before receiving Old Age Pension (OAP), counts sponsor's income against them for eligibility, makes retroactive to current people on OAP. This was part of the JBC’s cost-savings plan for the State Budget.
End Result: Passed both House and Senate, and Signed by the Governor. Voices for Justice & Lutheran Advocacy Ministries opposed this bill because of its negative effects on elderly, legal immigrants. The bill was amended to allow an abandonment provision that would protect legal immigrants if their sponsor was no longer able to assist them financially.
Payday Lending Reform
House Bill 1351 puts a cap on payday loan interest rates at 45 % and restructures fees and loan terms.
Payday loans can now be paid back in six months, rather than two weeks. Borrowers will now have a reasonable amount of time to pay back their loan without the two week time bomb constantly ticking, forcing them to take loan after loan.
HB 1351 includes an entirely new fee structure. The six month loan term and 45% APR does come with an origination fee and monthly processing fee. The borrower can pay back the loan at any time during the six month period and pay only the fees and interest due.
Borrowers will pay 67% less in fees on a $300 loan than they did before! HB 1351 provides hardworking Colorado families with access to emergency cash that includes both a reasonable interest rate and realistic loan term. The payday lending industry will no longer be collecting $75 fees every two weeks!
End Result: Passed House & Senate, Signed by Governor
Download this Report:
Turning the Tide Towards Justice:
2010 Report on the State Legislative Session (3 pages).
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