Make an educated vote: Amendment explanations - KOTA Territory News

Make an educated vote: Amendment explanations


South Dakota voters will have 4 proposed Constitutional Amendments to vote on Tuesday.
They can be confusing, but the Attorney General has given an explanation of each Amendment.
The first of four is Amendment "M," the South Dakota Constitution currently contains certain restrictions on the Legislators' authority to enact laws regarding corporations.
Voting "Yes" will remove these Constitutional restrictions allowing for such things as establishing procedures governing the increase of corporate stock or debt.
Second, Amendment "N," would repeal certain reimbursements for Legislators to travel to and from Legislative sessions.

The rate could then be set by the Legislature.
Amendment "O," would change the method of distributions from the Cement Plant Trust Fund.

Currently, the Constitution requires a yearly transfer of $12 million to the State General Fund.

The Amendment would change the method of distributions and help support education.
And Amendment "P," would add balanced budget requirements.

It would require the Governor to propose a balanced budget, and prohibit Legislative appropriations from exceeding anticipated revenue and existing funds.

Here is the link to the article:

Powered by WorldNow

518 St. Joseph St.
Rapid City, SD 57701

Telephone: 605.342.2000
Fax: 605.342.7305

Couldn't find what you were looking for?
Powered by WorldNow
All content © Copyright 2000 - WorldNow and KOTA. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.