The newly-formed federal Consumer Financial Protection Bureau has the power to regulate payday loans. But a Kentucky lawmaker who has repeatedly attempted to cap payday loans says the feud in Congress over the bureau doesn’t make him confident that any progress will be made. State Senator Gerald Neal, D-33, has spent years trying to cap… Continue reading Payday Loan Opponent Says Prospect of Federal Regulation Won’t Deter Local Efforts
If Congress refuses to act on a constitutional amendment favored by the states, the states can force a constitutional convention. Two-thirds of the states must pass similar resolutions to force congress to act. To date, at least 22 states have done so, but each state’s resolution is worded differently.
A resolution urging Congress to call a constitutional convention to consider a balanced budget amendment has cleared a Kentucky Senate committee.
The Senate State and Local Government committee, at the urging of U.S. Senator Rand Paul, voted 7-3 for the resolution.
Republican Senator Brandon Smith, who chairs the Energy and Environment Committee, says environmental regulation is hurting Kentucky, and he’s proposed legislation that would block the EPA from enforcing regulations in Kentucky.
But the bill is unenforceable.
Some of the bills passed by the Kentucky Senate during the opening week of the General Assembly may not move forward in the House. One leading Democrat says several of the GOP’s top pieces of legislation are either nearly dead or unlikely to pass a full vote.
State Budget Director Mary Lassiter says if revenue growth continues on its current course, the state could end the fiscal year with a budget surplus of $58 million. But Senate budget chief Bob Leeper says Lassiter’s report is preliminary and contains many warnings.
In Kentucky’s 37th state senatorial district –Jefferson county—Democrat Perry B. Clark has won the election. WFPL’s Kristin Espeland reports.
Results are still being tallied in the race for Louisville’s state senate seat. WFPL’s Kristin Espeland reports.
Louisville Metro Councilman Doug Hawkins’ latest legislation takes aim at high gas prices.