Measure on the ballot in the 2024 North Dakota General Election in North Dakota.
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Get StartedThis measure amends and reenacts section 26 of article X of the Constitution of North Dakota, related to spending and transfers from the legacy fund.
A yes vote means you approve the measure as summarized above.
A no vote means you reject the measure as summarized above.
This constitutional measure would amend and reenact section 26 of article X of the Constitution of North Dakota, relating to spending and transfers from the legacy fund. The measure intends to decrease the amount of principal available for spending each biennium and clarify the distributions from the legacy fund. The proposed amendments would require transfers and earnings accruing prior to July 1, 2017 to be deemed as the principal of the legacy fund; reduce the amount of the principal of the legacy fund available to be expended during a biennium from fifteen percent to five percent; require the state investment board to invest the moneys in the legacy fund, not limited to the principal; and on July first of odd-numbered years, require the state treasurer to make a distribution of the legacy fund earnings into a legacy earnings fund.
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