North Dakota Amendment 1, Oil Extraction Tax Revenues Amendment (1994)
| North Dakota Amendment 1 | |
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| Election date |
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| Topic Fuel taxes |
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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 8, 1994. It was approved.
A "yes" vote supported requiring 20 percent of oil extraction tax revenue to be split between the common schools trust fund and the foundation aid stabilization fund, with income from the latter transferred to the state general fund. |
A "no" vote opposed requiring 20 percent of oil extraction tax revenue to be split between the common schools trust fund and the foundation aid stabilization fund, with income from the latter transferred to the state general fund. |
Election results
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North Dakota Amendment 1 |
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| Result | Votes | Percentage | ||
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159,034 | 74.79% | ||
| No | 53,614 | 25.21% | ||
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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 requires a portion of oil extraction tax revenues to be deposited in the common schools trust fund and an equal portion to be deposited in the foundation aid stablization fund, with income of the foundation aid stablization fund to be transferred to the state general fund. Beginning July 1, 1995, the amount of extraction tax revenue deposited in the two funds pursuant to this measure would be equal twenty percent of the extraction tax revenue from taxable oil produced in the state. | ” |
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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