Arizona Ban Bidding on Municipal Bond Issuing Compensation, Proposition 4 (1928)

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The Arizona Ban Bidding on Municipal Bond Issuing Compensation Act, also known as Proposition 4, was on the November 6, 1928 ballot in Arizona as a veto referendum, where it was defeated, thus overturning the legislation. The measure would have deemed unlawful any actions by the board of supervisors, board of school trustees, town council or any other municipal corporation to contract with bidders for bonds for compensation of any expenses for the issuance of said bonds.[1]

Election results

Arizona Proposition 4 (1928)
Defeatedd No27,89769.93%
Yes 11,994 30.07%

Election results via: Arizona State Library

Text of measure

The text of the measure can be found here.

See also

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