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South Dakota Amendment C, Investment of Educational Funds Measure (1994)

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South Dakota Amendment C

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Election date

November 8, 1994

Topic
Administrative organization and Public education funding
Status

DefeatedDefeated

Type
Legislatively referred constitutional amendment 		Origin

State legislature


South Dakota Amendment C was on the ballot as a legislatively referred constitutional amendment in South Dakota on November 8, 1994. It was defeated.

A "yes" vote supported allowing permanent school fund to be invested in bonds and certificates of deposit, permitting investments up to 50% in common stock, and transferring investment authority from the Legislature to the Commissioner of School and Public Lands.

A "no" vote opposed allowing permanent school fund to be invested in bonds and certificates of deposit, permitting investments up to 50% in common stock, and transferring investment authority from the Legislature to the Commissioner of School and Public Lands.


Election results

South Dakota Amendment C

Result Votes Percentage
Yes 130,785 43.74%

Defeated No

168,232 56.26%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Amendment C was as follows:

“An amendment to section 11 of Article VIII of the Constitution of the state of South Dakota, relating to the investment of permanent educational 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

1994 Measures

South Dakota

News and analysis


External links

Footnotes

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