House Journal: Page 1415: Thursday, April 11, 2002
Senate File 2273, a bill for an act relating to the designation of a Juneteenth
National Freedom Day.
GOVERNOR'S VETO MESSAGE
A copy of the following communication was received and placed on
file:
April 11, 2002
Brent Siegrist
Speaker of the House
State Capitol Building
L O C A L
Dear Speaker Siegrist:
I hereby transmit House File 608, an act relating to the delinquency charges on
certain pre-computed consumer credit transactions.
At a time when predatory lending is on the rise, this legislation would be a benefit
to such lenders. It represents a risk to Iowa Consumers and a loss to the Iowa
economy. The added costs are born by the citizens of Iowa then realized by out-of-state
high-cost lenders.
The Attorney General's Office supports the rejection of this bill as poor consumer
practice that would ultimately represent no benefit to the citizens and economy of our
state. In fact, he indicates that Iowans participating in these loan programs may find
repayment to be a strain and in the end, only compound their financial problems.
For the above reasons, I hereby respectfully disapprove House File 608.
Sincerely,
Thomas J. Vilsack
Govenor
PRESENTATION OF VISITORS
The Speaker announced that the following visitors were present in
the House chamber:
Forty-two eighth grade students from Odebolt-Arthur Middle
School, accompanied by Steve Walsh. By Kettering of Sac.
Seven students from Okoboji FFA, accompanied by Rich Martin.
By Stevens of Dickinson.
© 2002 Cornell College and
League of Women Voters of Iowa
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Last update: Fri Apr 12 12:56:22 CDT 2002
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