Amendment E fails

Amendment E fails

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(KSL News) One noteworthy result from yesterday's election that went largely unnoticed last night was that Amendment E failed.

The proposal to amend the State Constitution to allow state and local governments to invest in stocks and bonds from private companies failed 56 percent to 44 percent.

There was no organized opposition to the proposal, but what's happened on Wall Street in recent weeks may have given voters some concern.

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