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Minnesota Amendment 5, Allow Use of School Funds for the Purchase of Local Government Bonds Measure (1896)

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Minnesota Amendment 5

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Election date

November 3, 1896

Topic
Bond issue requirements and Public economic investment policy
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



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

Minnesota Amendment 5

Result Votes Percentage

Approved Yes

127,151 77.87%
No 36,134 22.13%
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