South Dakota Amendment A, Investment of Education Funds Measure (1996)
| South Dakota Amendment A | |
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| Election date |
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| Topic Public education funding and Restricted-use funds |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
South Dakota Amendment A was on the ballot as a legislatively referred constitutional amendment in South Dakota on November 5, 1996. It was approved.
A "yes" vote supported transferring school fund investment duties to the State Investment Council and allow broader investment options, while still prohibiting investments in stocks or other equity assets. |
A "no" vote opposed transferring school fund investment duties to the State Investment Council and allow broader investment options, while still prohibiting investments in stocks or other equity assets. |
Election results
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South Dakota Amendment A |
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| Result | Votes | Percentage | ||
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191,771 | 62.99% | ||
| No | 112,659 | 37.01% | ||
Text of measure
Ballot title
The ballot title for Amendment A was as follows:
| “ | An amendment to Article VIII, section 11 of the Constitution of the State of South Dakota, relating to the investment of permanent education funds. | ” |
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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