Article IX.
Finance and Taxation

Section 38. Michigan veterans' trust fund board of trustees; establishment

Michigan veterans' trust fund board of trustees; establishment

The Michigan veterans’ trust fund board of trustees is established and consists of veterans honorably discharged from the armed services and appointed by the governor as prescribed by law.

Summary: Establish the current Michigan Veterans’ Trust Fund in the state constitution and require that expenditures from the fund be made solely for purposes authorized by the trust fund’s board of trustees

Election Date: November 5, 1996

Votes For Ratification: 2,447,905

Votes Against Ratification: 849,525

Percent for Ratification: 74%

Percent Against Ratification: 26%

Notes:

Amendment Source: 1995 JR H

Effective Date Source: Mich. const. art. XII