Louisiana Rainy Day Fund and Uses of Nonrecurring Money, Amendment 5 (October 1998)
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The Louisiana Rainy Day Fund and Uses of Nonrecurring Money, Amendment 5 was on the ballot in Louisiana on October 3, 1998, as a legislatively referred constitutional amendment. It was approved. The amendment required 25 percent of annual non-recurring income not exceeding 4 percent of state revenues of the previous fiscal year to be directed to the state's "rainy day" fund.[1]
Election results
| Louisiana Amendment 5 (October 1998) | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 267,568 | 63.02% | ||
| No | 252,865 | 36.98% | ||
Election results via: Louisiana House Legislative Services
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State of Louisiana Baton Rouge (capital) |
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