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Jackley Explains 2 Proposed Constitutional Amendments

Associated Press0

PIERRE, S.D. (AP) — Attorney General Marty Jackley has released explanations for two proposed constitutional amendments.

One would expand rights for crime victims in South Dakota. The other would cap loan interest rates at 18 percent annually unless the borrower agreed to a higher rate in writing. It also says no law capping interest rates is valid unless the borrower can agree to a different rate.

Jackley’s filing with the secretary of state’s office is another step in the process for proposal supporters to get the proposals on the November 2016 ballot. Once they file required paperwork with the secretary of state’s office, supporters can begin pursuing the necessary 27,741 signatures by Nov. 9.

Jackley’s explanation is required by law.

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Online:

Crime victim rights explanation:

Interest rights explanation:

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