Ballot Measures

Proposed Constitutional Amendment 5 - PRESERVE THE LAND GRANT PERMANENT FUNDS

November 4, 2014 New Mexico General Election
Description:

Proposing to amend article 12, section 7 of the constitution of New Mexico to preserve the land grant permanent funds by increasing the duty of care, removing the restrictions on the type of investment that may be made and increasing the threshold amount for additional distributions.

Constitutional Amendment 5 would amend Article 12, Section 7 of the Constitution of New Mexico. Constitutional Amendment 5 (1) allows more than 15 percent of the Land Grant Permanent Fund to be invested in international securities; (2) .

For ____________ Against ____________

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