Nebraska Amendment 12b, Investment of State and Local Funds Amendment (1966)
| Nebraska Amendment 12b | |
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| Election date |
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| Topic State and local government budgets, spending, and finance |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Nebraska Amendment 12b was on the ballot as a legislatively referred constitutional amendment in Nebraska on November 8, 1966. It was approved.
A "yes" vote supported allowing the legislature to determine how funds from the state and local political subdivisions should be invested. |
A "no" vote opposed allowing the legislature to determine how funds from the state and local political subdivisions should be invested. |
Election results
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Nebraska Amendment 12b |
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| Result | Votes | Percentage | ||
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193,215 | 55.78% | ||
| No | 153,163 | 44.22% | ||
Text of measure
Ballot title
The ballot title for Amendment 12b was as follows:
| “ | Constitutional amendment authorizing the Legislature to provide for investment of funds of the state and of cities, villages, school districts, public power districts, and other governmental or political subdivisions as it may by statute provide. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
- See also: Amending the Nebraska Constitution
A 60% supermajority vote is required during one legislative session for the Nebraska State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 30 votes in the unicameral legislature, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot. A simple majority vote is required for voter approval. However, the number of affirmative votes cast for the measure must be greater than 35% of the total votes cast in the election. This also applies to citizen initiatives.
See also
External links
Footnotes
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State of Nebraska Lincoln (capital) |
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