North Dakota Initiative 3, Student Loan Reimbursement Measure (2002)
| North Dakota Initiative 3 | |
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| Topic Banking policy and Higher education funding |
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| Status |
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| Type Initiated state statute |
Origin |
North Dakota Initiative 3 was on the ballot as an initiated state statute in North Dakota on November 5, 2002. It was defeated.
A "yes" vote supported creating a Bank of North Dakota administered program providing for partial reimbursement of student loan payments for employed North Dakota residents under 30 years of age who had graduated from accredited post-secondary schools. |
A "no" vote opposed creating a Bank of North Dakota administered program providing for partial reimbursement of student loan payments for employed North Dakota residents under 30 years of age who had graduated from accredited post-secondary schools. |
Election results
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North Dakota Initiative 3 |
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| Result | Votes | Percentage | ||
| Yes | 75,636 | 32.90% | ||
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154,234 | 67.10% | ||
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- Results are officially certified.
- Source
Text of measure
Ballot title
The ballot title for Initiative 3 was as follows:
| “ | Initiated Statutory Measure No. 3 would create a Bank of North Dakota administered program providing for partial reimbursement of student loan payments for employed North Dakota residents under thirty years of age who have graduated from accredited post-secondary schools. Reimbursements would be limited to $1,000 per eligible resident per year for not more than five years. The measure would also provide an income tax credit of up to $1,000 for employed North Dakota residents from twenty-one through twenty-nine years of age, for up to five years. | ” |
Path to the ballot
An initiated state statute is a citizen-initiated ballot measure that amends state statute. There are 21 states that allow citizens to initiate state statutes, including 14 that provide for direct initiatives and nine (9) that provide for indirect initiatives (two provide for both). An indirect initiated state statute goes to the legislature after a successful signature drive. The legislatures in these states have the option of approving the initiative itself, rather than the initiative appearing on the ballot.
In North Dakota, the number of signatures required for an initiated state statute is equal to 2% of the state's population reported by the last decennial census. Each initiative has its own unique deadline of one year after it was approved to circulate. The completed petition must be submitted at least 120 days prior to the election.
See also
External links
Footnotes
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State of North Dakota Bismarck (capital) |
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