Michigan Proposal C, Michigan Veterans' Trust Fund Amendment (1996)

From Ballotpedia
Jump to: navigation, search
Michigan Proposal C

Flag of Michigan.png

Election date

November 5, 1996

Topic
Restricted-use funds and Veterans policy
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



Michigan Proposal C was on the ballot as a legislatively referred constitutional amendment in Michigan on November 5, 1996. It was approved.

A “yes” vote supported establishing the Michigan Veterans' Trust Fund in the state constitution and requiring expenditures from the fund be approved by the fund's Board of Trustees.

A “no” vote opposed establishing the Michigan Veterans' Trust Fund in the state constitution and requiring expenditures from the fund be approved by the fund's Board of Trustees.


Election results

Michigan Proposal C

Result Votes Percentage

Approved Yes

2,447,905 74.24%
No 849,525 25.76%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Proposal C was as follows:

PROPOSAL C

A PROPOSAL TO ESTABLISH THE CURRENT MICHIGAN VETERANS' TRUST FUND IN THE STATE CONSTITUTION AND REQUIRE THAT EXPENDITURES FROM THE FUND BE MADE SOLELY FOR PURPOSES AUTHORIZED BY THE TRUST FUND'S BOARD OF TRUSTEES

The proposed constitutional amendment would:

1) Establish the current Michigan Veterans' Trust Fund and the Board of Trustees responsible for administering the fund in the state constitution.

2. Require the transfer of all funds in the existing Michigan Veterans' Trust Fund to the constitutionally established Michigan Veterans' Trust Fund.

3. Authorize the State Treasurer to direct investment of the fund.

4. Stipulate that except for the State Treasurer's investment actions, an expenditure or transfer of a fund asset, interest, or earnings could be made only upon the authorization of a majority of the fund's Board of Trustees.

Should this proposed constitutional amendment be adopted?

Yes

No

Full Text

The full text of this measure is available here.


Path to the ballot

See also: Amending the Michigan Constitution

A two-thirds vote is required during one legislative session for the Michigan State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 74 votes in the Michigan House of Representatives and 26 votes in the Michigan State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.

See also


Footnotes

External links