HELENA – Gov. Brian Schweitzer says he supports a cap on so-called payday loans. But he opposes a constitutional initiative to prohibit certain real-estate taxes and a call to convene a new constitutional convention.
The Democratic governor voted Thursday ahead of the election Tuesday. Before doing so, he told the Lee Newspapers State Bureau his positions on the 2010 ballot initiatives.
He says Montana’s constitution is “pretty good” and calling a convention to change it would be a “dumb idea.”
He says deciding on real estate taxes should be left to the Legislature. But he says interest rates on payday loans should be capped at 36 percent.
The governor said he hadn’t decided yet on Initiative 161. That would abolish outfitter-sponsored nonresident big-game and deer combination licenses.