Utah Amendment E, Create an Exception for Investing in Stocks and Bonds Measure (2008)
| Utah Amendment E | |
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| Topic Education and State and local government budgets, spending, and finance |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Utah Amendment E was on the ballot as a legislatively referred constitutional amendment in Utah on November 4, 2008. It was defeated.
A "yes" vote supported amending the constitution to create an exception to the provision that the state not invest in private stocks or bonds for:
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A "no" vote opposed amending the constitution to create an exception to the provision that the state not invest in private stocks or bonds. |
Election results
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Utah Amendment E |
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| Result | Votes | Percentage | ||
| Yes | 374,152 | 43.32% | ||
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489,478 | 56.68% | ||
Text of measure
Ballot title
The ballot title for Amendment E was as follows:
| “ | Shall the Utah Constitution be amended to authorize the state to invest money in the newly issued stock or bonds of private companies if the money comes from the State School Fund or from land granted to the state by the federal government, as an exception to a general rule prohibiting those investments? | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
- See also: Amending the Utah Constitution
A two-thirds majority vote in both the legislative chambers vote is required during one legislative session for the Utah State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 50 votes in the Utah House of Representatives and 20 votes in the Utah 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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State of Utah Salt Lake City (capital) |
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