Montana Investment of Public School Permanent Fund Amendment (1938)
| Montana Investment of Public School Permanent Fund Amendment | |
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| Topic Education and State and local government budgets, spending, and finance |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Montana Investment of Public School Permanent Fund Amendment was on the ballot as a legislatively referred constitutional amendment in Montana on November 8, 1938. It was approved.
A "yes" vote supported amending the constitution to consolidate the public-school permanent fund, other permanent funds for supporting higher institutions of learning, funds in custody of any Montana state officials, and other state institutions subject to investment as parts of the Montana Trust and Legacy Fund as full amounts of the unpaid balances of said investments. |
A "no" vote opposed amending the constitution to consolidate the public-school permanent fund, other permanent funds for supporting higher institutions of learning, funds in custody of any Montana state officials, and other state institutions subject to investment as parts of the Montana Trust and Legacy Fund as full amounts of the unpaid balances of said investments. |
Election results
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Montana Investment of Public School Permanent Fund Amendment |
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| Result | Votes | Percentage | ||
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103,071 | 67.28% | ||
| No | 50,135 | 32.72% | ||
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- Results are officially certified.
- Source
Text of measure
Ballot title
The ballot title for Investment of Public School Permanent Fund Amendment was as follows:
| “ | For the constitutional amendment Against constitutional amendment | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
- See also: Amending the Montana Constitution
A two-thirds (66.67%) vote is required of all members of the legislature during one legislative session for the Montana State Legislature to place a constitutional amendment on the ballot. Since Montana has 150 legislators (100 Representatives and 50 Senators), at least 100 members must vote in favor of a constitutional amendment for it to pass. Amendments do not require the governor's signature to be referred to the ballot.
See also
External links
Footnotes
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State of Montana Helena (capital) |
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