North Dakota Coal Trust Fund Expenditures, Measure 1 (1994)

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The North Dakota Coal Trust Fund Expenditures Referendum, also known as Measure 1, was on the June 14, 1994 ballot in North Dakota as a legislatively referred constitutional amendment, where it was approved. The measure provided that funds may be expended from the permanent coal trust fund for clean coal demonstration projects approved by the industrial commission.

Election results

North Dakota Measure 1 (1994)
Result		Votes	Percentage
a Yes		74,671	61.42%
No		46,903	38.58%

Election results via: North Dakota Secretary of State, Official Vote of Primary Election, 1994

Text of measure

See also: North Dakota Constitution, Article X, Section 21

Constitutional changes

The measure created the following changes to Article X, Section 21 of the North Dakota Constitution, with the underlined portions being added:

Section 21. Not less than fifteen percent of the tax imposed for severing coal shall be placed into a permanent trust fund in the state treasury to be held in trust and administered by the board of university and school lands, which shall have full authority to invest said trust funds as provided by law, and may loan moneys from the fund to political subdivisions as provided by law. The interest earned on the moneys in said trust fund shall be used first to replace uncollectable loans made from the fund, and the balance shall be credited to the general fund of the state. Up to fifty percent of the taxes collected and deposited in the permanent trust fund during a biennium may be appropriated by the legislative assembly for lignite research, development, and marketing as provided by law. An additional twenty percent of the taxes collected and deposited in the permanent trust fund during a biennium may be appropriated by the legislative assembly for clean coal demonstration projects approved by the industrial commission.

See also

Suggest a link

• North Dakota 1994 ballot measures
• 1994 ballot measures
• List of North Dakota ballot measures
• History of Initiative & Referendum in North Dakota

External links

• North Dakota Secretary of State, Archived Election Results
• North Dakota 1995 Session Laws

Footnotes

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This historical ballot measure article requires that the text of the measure be added to the page.