Highlights and News

Sep 3, 2010

Ballot knowledge: We're a small-goverment, low-tax state

As debate over three fiscal ballot measures – Amendments 60 and 61 and Proposition 101 – intensifies, it is important to understand how Colorado compares in terms of expenditures and taxes.

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Sep 2, 2010

Attorney general ruling backs reform of payday lending

Payday borrowers scored a major victory Tuesday when the Colorado Attorney General's Office revised rules for implementing the payday lending law adopted this past legislative session (HB 10-1351). The new rules state that all charges and fees, including the origination fee, must be refunded on a pro-rata basis if a loan is paid off early. A previous version of the rules stated that the origination fee was not refundable.

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Aug 11, 2010

Starting today, new law gives payday borrowers a break

The new law governing payday loans takes effect today. It represents a significant change and should eliminate the two-week, triple-digit loans that trapped so many borrowers. Borrowers will save as much as 63 percent over the maximum charges allowed previously.

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Aug 10, 2010

Recession reveals flaws in unemployment insurance

Last week's Jobs Report shows the nation's economy shed 131,000 non-farm jobs in July. Even though the unemployment rate held steady at 9.5 percent, the number of unemployed workers nationally topped 14.5 million. Almost half have been out of work for 27 weeks or longer.

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Aug 2, 2010

STAR adds transparency to state budget and finances

State Treasurer Cary Kennedy and Gov. Bill Ritter have released the fourth-annual State Taxpayer Accountability Report (STAR), which provides information on Colorado's fiscal condition in an accessible, easy-to-read format.

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