Nevada State Debt Limit Building Retrofitting Exemption, Question 6 (1996)
The Nevada State Debt Limit Building Retrofitting Exemption Question, also known as Question 6, was a legislatively-referred constitutional amendment on the November 5, 1996 election ballot in Nevada, where it was defeated.
|Question 6 (State Debt Limit Building Retrofitting Exemption)|
Official results via: Nevada Legislative Counsel Bureau - Research Division
Text of measure
The language that appeared on the ballot:
- Shall the Nevada Constitution be amended to clarify that an exemption from the state's debt limit also applies to money borrowed to retrofit state buildings to make more efficient use of energy in those buildings?
The language that appeared in the voter's guide:
- The Nevada Constitution allows the state to borrow money, but prohibits the sum of such debts from exceeding 2 percent of the assessed value of all taxable property in the state. The constitution also provides that debts incurred by the state for the preservation of its property or natural resources are exempt from this debt limitation. Although energy resources are generally considered to be natural resources, it is not clear if projects to retrofit buildings in order to conserve energy are exempt from the debt limitation. The proposed amendment would clarify that the existing exemption applies to debts incurred in modifying state buildings to conserve energy.
- FISCAL NOTE
- Financial Impact - No. The proposal to amend the Nevada Constitution would clarify an exemption from the debt limitations for money borrowed to retrofit state buildings to conserve energy. The clarification results in no adverse fiscal effect.