McCoy standing in method of payday funding bill?
Senator McCoy has a range:
Keep $36 million an in usurious costs in iowanвЂ™s pouches plus in our neighborhood economy year
Protect 400% interest rates and continue steadily to remove wide selection from our communities.
A seat ending up in CCI members, Senate Commerce Committee seat Sen. Matt McCoy (D-Des Moines) claimed no intention is had by him of considering Senate File 388, a bill to cap rates of interest for pay day loans at 36%. (Updates to the post can be located below in a take. )