Tagged: Sacramento

The controversial “Buy Here, Pay Here” used car industry would face strict new regulations under several bills moving through the California legislature.

Search “Buy Here, Pay Here” on Google and the first website that pops up is “We-Approve-Bad-Credit-dot-com.” Dealers require buyers to make each month’s loan payment in person. If they can’t, their cars are often repossessed on the spot. Democratic State Senator Ted Lieu says his bill would apply similar regulations for typical auto lenders to the Buy Here, Pay Here industry.

We should learn next week whether there’s any more hidden surplus money in California state special funds. The state's Finance Department plans to release its audit of those accounts after $54 million dollars in surplus money was found in two parks funds.

Governor Jerry Brown and Interior Secretary Ken Salazar announced plans today to make big changes to the state’s water supply system - and the plan is already being met with both support and criticism from up and down the state.