New Mexico Amendment 1 (1996)

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New Mexico Amendment 1 limited distributions of state permanent funds and allowed diversification of investments. It was on the November 5, 1996 election ballot in New Mexico, where it passed.

Amendment 1 was a legislatively referred constitutional amendment amending the New Mexico Constitution. It was one of seven such measures on the 1996 ballot in the state. All of them passed.

  • Yes: 307,442. 67%
  • No: 153,021. 33%.

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