North Dakota Amendment 1, Common Schools Trust Fund Amendment (2006)
| North Dakota Amendment 1 | |
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| Topic Higher education funding and Public education funding |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
North Dakota Amendment 1 was on the ballot as a legislatively referred constitutional amendment in North Dakota on November 7, 2006. It was approved.
A "yes" vote supported requiring state trust funds to preserve their purchasing power, base distributions on average fund value rather than just income, reinvest all revenues into the fund and pay administrative costs from the trust itself. |
A "no" vote opposed requiring state trust funds to preserve their purchasing power, base distributions on average fund value rather than just income, reinvest all revenues into the fund and pay administrative costs from the trust itself. |
Election results
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North Dakota Amendment 1 |
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| Result | Votes | Percentage | ||
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128,800 | 67.23% | ||
| No | 62,772 | 32.77% | ||
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- Results are officially certified.
- Source
Text of measure
Ballot title
The ballot title for Amendment 1 was as follows:
| “ | This measure would require that the common schools and other permanent trust funds be managed to preserve purchasing power and to provide stable distributions to beneficiaries. It would change trust fund distributions based on interest and income earned to that based on the fund’s average value; require all revenue produced by a trust fund to be deposited into the fund; and provide for paying administrative costs from the respective trusts. | ” |
Path to the ballot
- See also: Amending the North Dakota Constitution
A simple majority vote is required during one legislative session for the North Dakota State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 48 votes in the North Dakota House of Representatives and 24 votes in the North Dakota State Senate, assuming no vacancies. 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 North Dakota Bismarck (capital) |
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