South Dakota Amendment C, Educational Fund Investments Measure (1950)
| South Dakota Amendment C | |
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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 C was on the ballot as a legislatively referred constitutional amendment in South Dakota on November 7, 1950. It was defeated.
A "yes" vote supported transferring investment authority of educational funds from counties to the Commissioner of School and Public Lands, and requiring investments in secure government or municipal bonds at interest rates set by the Legislature. |
A "no" vote opposed transferring investment authority of educational funds from counties to the Commissioner of School and Public Lands, and requiring investments in secure government or municipal bonds at interest rates set by the Legislature. |
Election results
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South Dakota Amendment C |
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| Result | Votes | Percentage | ||
| Yes | 84,804 | 44.69% | ||
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104,960 | 55.31% | ||
Text of measure
Ballot title
The ballot title for Amendment C was as follows:
| “ | A Joint Resolution, proposing and agreeing to an amendment to Section 11 of Article VIII of the Constitution of the State of South Dakota relating to the investment of the moneys of the Permanent School and other education Funds and submitting the same to a vote of the electors of the state. | ” |
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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