City of Kansas City Annual Fee Imposed on Short Term Loan Establishments, Question 2 (April 2015)
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An Annual Fee Imposed on Short Term Loan Establishments Question was on the ballot for Kansas City voters in Jackson County, Missouri, on April 7, 2015. It was approved.
Question 2 authorized the city to renew an annual fee of $1,000 on short term loan businesses in order to fund administrative expenses to be used for the regulation, inspection and approval of permits for such businesses.[1]
Kansas City voters originally approved this fee in 2008. Question 2 was also designed to update language and expand the fee to include certain businesses that had changed their business models and claimed they no longer needed to pay the city's fee established in 2008.[2]
Election results
| Kansas City, Missouri, Question 2 | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 16,095 | 69.21% | ||
| No | 7,161 | 30.79% | ||
- Election results from Kansas City Elections Office
Text of measure
Ballot question
The question on the ballot:[1]
| “ |
Shall the City of Kansas City, Missouri be reauthorized to impose an annual fee on short term loan establishments (as redefined in Committee Substitute for Ordinance 100829), for the administrative expenses related to the regulation, inspection and permitting of such establishments, in the amount of $1,000.00 for each permit (new or renewal)?[3] |
” |
Support
Editorials
- The Kansas City Star editorial board wrote an article endorsing both Question 1 and Question 2. The editorial argued that the Question 2 fee was reasonable and provided funds needed by the city to regulate the industry and keep short term loan businesses from manipulating the poor and citizens plagued by debt. An excerpt of the article is below:[2]
| “ |
That fee was designed to reimburse the city’s for inspecting and regulating the businesses, which have multiplied. spread throughout the city. They often charge exorbitant interests rates that put too many lower-income customers in even deeper debt. Some payday loan providers have adjusted their business model and now claim they no longer must pay the city fee. The new charge would affect these operations. The city already has a number of requirements that apply to payday loan establishments, including where they can be located and what type of signage they can have. The $1,000 fee is reasonable and should be approved.[3] |
” |
| —The editorial board of The Kansas City Star[2] | ||
Opposition
If you have an argument you would like to see posted here, please email the Local Ballot Measures Project staff writer.
See also
- Kansas City, Missouri municipal elections, 2015
- City tax on the ballot
- Local business tax on the ballot
- Jackson County, Missouri ballot measures
- April 7, 2015 ballot measures in Missouri
External links
Footnotes
- ↑ 1.0 1.1 KCEB, "Kansas City Sample Ballot," accessed April 1, 2015
- ↑ 2.0 2.1 2.2 Kansas City Star, "Vote ‘yes’ on KC questions to sell parkland and impose payday loan fee," March 30, 2015
- ↑ 3.0 3.1 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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