South Dakota Amendment B, School Funds Investment Measure (1978)
| South Dakota Amendment B | |
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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 B was on the ballot as a legislatively referred constitutional amendment in South Dakota on November 7, 1978. It was defeated.
A "yes" vote supported removing constitutional limits on how school and endowment funds are invested, and allowing the Legislature to authorize more flexible and potentially higher-risk investments. |
A "no" vote opposed removing constitutional limits on how school and endowment funds are invested, and allowing the Legislature to authorize more flexible and potentially higher-risk investments. |
Election results
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South Dakota Amendment B |
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| Result | Votes | Percentage | ||
| Yes | 106,461 | 48.35% | ||
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113,742 | 51.65% | ||
Text of measure
Ballot title
The ballot title for Amendment B was as follows:
| “ | A JOINT RESOLUTION, to amend section 2 of article VIII of the Constitution of the State of South Dakota and to repeal article XXVIII, all relating to investment of education and school lands 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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