South Dakota Amendment G, Investment of School Funds Measure (1998)
| South Dakota Amendment G | |
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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 G was on the ballot as a legislatively referred constitutional amendment in South Dakota on November 3, 1998. It was defeated.
A "yes" vote supported allowing the Investment Council to invest school and charitable funds in stocks. |
A "no" vote opposed allowing the Investment Council to invest school and charitable funds in stocks. |
Election results
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South Dakota Amendment G |
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| Result | Votes | Percentage | ||
| Yes | 96,975 | 39.12% | ||
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150,907 | 60.88% | ||
Text of measure
Ballot title
The ballot title for Amendment G was as follows:
| “ | An Amendment to Article VIII of the South Dakota Constitution, permitting the investment of permanent school funds in certain stocks, bonds, mutual funds, and other financial instruments. | ” |
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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