Nebraska voters will have the opportunity to support Amendment 1 when they vote in the May 13, 2008 Primary Election.

This is the language that will appear on the ballot:

A vote FOR this amendment will authorize the Legislature to permit certain communities to invest public endowment funds in the same manner as would a prudent investor. The communities, acting with care, skill, and diligence, would be responsible to act exclusively to protect and benefit the endowment investments subject to limitations as the Legislature may provide.

A vote AGAINST this amendment will retain the existing, more limiting restrictions on such communities' ability to invest public endowment funds.