Arizona Interest Rate Limit on Debt from Healthcare Services and Collection Exempt Property and Earnings Increase Initiative

Arizona Ballot Measure - Initiative I-03-2022 - Proposition 209

Election: Nov. 8, 2022 (General)

Outcome: Passed

Categories:

Health and Health Care

Summary


This initiative would set a limit on interest rates for debt accrued from receiving healthcare services equal to either the weekly average one-year constant maturity treasury yield or 3%, whichever is less. It would also increase the amount of value for certain property—including homestead, household furnishings, motor vehicles, and bank account funds—and earnings exempt from attachment, execution, forced sale, and any other debt collection processes.

Measure Text


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Resources


Official Summary

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