South Dakota Amendment 4, Real Estate Security Rural Credits System Measure (1916)
| South Dakota Amendment 4 | |
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| Election date |
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| Topic Property taxes |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
South Dakota Amendment 4 was on the ballot as a legislatively referred constitutional amendment in South Dakota on November 7, 1916. It was approved.
A "yes" vote supported allowing the state or counties to establish a rural credit system allowing loans and credit to residents based on real estate security. |
A "no" vote opposed allowing the state or counties to establish a rural credit system allowing loans and credit to residents based on real estate security. |
Election results
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South Dakota Amendment 4 |
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| Result | Votes | Percentage | ||
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57,569 | 57.84% | ||
| No | 41,957 | 42.16% | ||
Text of measure
Ballot title
The ballot title for Amendment 4 was as follows:
| “ | To authorize the state, or any county, or two or more counties jointly, in such manner as may be provided by general law to be enacted by the legislature, to establish a system of rural credits, and thereby loan money and extend credit to the people of the state upon real estate security. Under the constitution as it now stands neither the state nor any county is authorized to loan money or to extend its credit to any person, except for the necessary support of the poor. This proposed amendment modifies the present constitution so as to admit of a rural credit system as above stated. | ” |
Path to the ballot
- See also: Amending the South Dakota Constitution
A simple majority vote is required during one legislative session for the South Dakota State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 36 votes in the South Dakota House of Representatives and 18 votes in the South 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 South Dakota Pierre (capital) |
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