Minnesota Amendment 5, Allow Use of School Funds for the Purchase of Local Government Bonds Measure (1896)
| Minnesota Amendment 5 | |
|---|---|
| Election date |
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| Topic Bond issue requirements and Public economic investment policy |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Minnesota Amendment 5 was on the ballot as a legislatively referred constitutional amendment in Minnesota on November 3, 1896. It was approved.
A "yes" vote supported allowing the investment of the state school and university fund into the purchase of local government bonds if approved by a board of commissioners. |
A "no" vote opposed allowing the investment of the state school and university fund into the purchase of local government bonds if approved by a board of commissioners. |
Election results
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Minnesota Amendment 5 |
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|---|---|---|---|---|
| Result | Votes | Percentage | ||
| 127,151 | 77.87% | |||
| No | 36,134 | 22.13% | ||
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- Results are officially certified.
- Source
Text of measure
Ballot title
The ballot title for Amendment 5 was as follows:
| “ | Amendment of article eight (8) of the constitution providing for loaning the permanent school and university fund to cities, villages, towns, counties and school districts. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
- See also: Amending the Minnesota Constitution
A simple majority vote was required during one legislative session for the Minnesota State Legislature to place a constitutional amendment on the ballot.
Before 1898, when voters approved Amendment 2, a measure passed if it received a simple majority of votes cast on the measure itself, rather than a majority of all votes cast in the election.
See also
External links
Footnotes
State of Minnesota St. Paul (capital) | |
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