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52Nov 3 election

Initiative 428: Payday Lender Interest Rate Cap Initiative

Passed with 82.8% yes.

Initiative 428 · Initiative · Nebraska, November 3, 2020

Yes
723,521
82.8%. The passing rule is not on file.
No
150,330
17.2%
  1. Qualified (Done)

    By voters’ signatures

  2. On the ballot (Done)

    Initiative 428

  3. Election day (Done)

    November 3, 2020

  4. Passed (Done)

    82.8% yes

What a yes vote does

Limit the annual interest charged for delayed deposit services—also known as payday lending—to 36%.

What moved

How it got on the ballot

By petition. Voters’ signatures put it on the ballot.

In the news

Reporting that may mention this subject. Possible matches are labeled.

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