Ohio Issue 1, Economic Growth Act (2005)
|Ohio Issue 1 (2005)|
Text of measure
The language that appeared on the ballot:
(Proposed by Resolution of the General Assembly of Ohio)
To adopt Section 2p of Article VIII of the Constitution of the State of Ohio.
This proposed amendment would:
A majority yes vote is necessary for passage.
SHALL THE PROPOSED AMENDMENT BE ADOPTED?
Arguments in favor
The following reasons were given in support of Issue 1 by the Committee to Provide Argument For Issue 1:
|“|| A YES vote on Issue 1, the Jobs for Ohio bond issue, will help create and keep more good jobs without raising taxes.
YES ON ISSUE 1 HELPS OHIO KEEP AND CREATE JOBS: Issue 1 allows for investment in research and development to create well-paying jobs and industry in all regions of Ohio.
YES ON ISSUE 1 RENEWS OHIO’S LOCAL GOVERNMENT ROAD AND BRIDGE BUILDING PROGRAM: Two-thirds of the Issue 1 funds will be used by local governments for building and renovating infrastructure like roads, bridges, and water and sewer lines. Issue 1 renews a local government program first approved by Ohio voters in 1987 and again in 1995. It has created many thousands of jobs and improved critical infrastructure throughout Ohio’s 88 counties.
YES ON ISSUE 1 WON’T INCREASE TAXES: Bonds authorized by Issue 1 will not require a tax increase now or in the future. Repayment of these bonds is already built into Ohio’s long-range budget plans. This package will generate new revenues for state and local governments by expanding our job base.
ISSUE 1 WAS PUT ON THE BALLOT WITH STRONG REPUBLICAN AND DEMOCRATIC SUPPORT IN THE OHIO LEGISLATURE.
We urge a YES vote on Issue 1.
The following people and organizations were the top donors to Jobs for Ohio 2005. In total, $2,959,229 was raised to support the campaign.
|WESTERN & SOUTHERN LIFE INSURANCE CO||$100,000|
|LINDNER JR, CARL H||$100,000|
|NATIONAL CITY CORP||$100,000|
|AMERICAN ELECTRIC POWER||$100,000|
|OHIOANS FOR THE THIRD FRONTIER||$100,000|
The following reasons were given in opposition of Issue 1 by the Committee to Provide Argument Against Issue 1:
|“|| Issue 1 is not about jobs; it’s about long-term debt. PASSAGE OF THIS AMENDMENT WILL ELIMINATE FOUR TAXPAYER PROTECTIONS IN THE OHIO CONSTITUTION, including prohibitions against government:
Issue 1 combines three issues with the expressed purpose of securing statewide support for Governor Taft’s failed Third Frontier Initiative for research and development. Voters will not have the opportunity to vote separately on the following debt proposals:
1. RESEARCH AND DEVELOPMENT/THIRD FRONTIER: On the recommendation of out-of-state reviewers, a three-member governor-appointed committee will create unfair competitive advantage by doling out $500 million in corporate subsidies.
2. PUBLIC INFRASTRUCTURE: The issuance of $1.35 billion in bonds is premature since $240 million from the previous infrastructure initiative hasn’t been exhausted and new bonds are not expected to be issued until December 2009. Voting NO will not jeopardize local projects for roads, bridges, or water treatment facilities.
3. SITE/FACILITY DEVELOPMENT: Taxpayers will pay $150 million for the development of private industrial and business sites. In light of the recent Supreme Court eminent domain ruling, it is important to know that Issue 1 does NOT override the home rule authority that permits municipalities to take private property for economic development.
Issue 1 is a bold attempt to bypass the constitutional cap on debt service. Today’s newborn will be paying off these bonds, plus interest and debt service, thirty years from now.
Please vote NO on Issue 1.
The ballot book arguments opposing Issue 1 were signed by Tom Brinkman, Jr. and Diana M. Fessler.
The following people and organizations were the top donors to SPOT PAC. In total, $250 was raised to support the campaign.
|RYAN & RYAN REAL ESTATE CO||$75|
|RYAN, JAMES M||$25|
Path to the ballot
- Ohio 2005 ballot measures
- 2005 ballot measures
- List of Ohio ballot measures
- List of ballot measures by year
- List of ballot measures by state
- Ohio ballot measures and election results
- A History of Statewide Issue Votes in Ohio
- Ohio 2005 ballot measure voter's guide
- ↑ Ohio Secretary of State, "2005 Official Election Results," accessed July 29, 2013
- ↑ Ohio Secretary of State, "A History of Statewide Issue Votes in Ohio," accessed July 29, 2013
- ↑ 3.0 3.1 3.2 Ohio Issues Report, "State Issues Ballot Information for the November 8, 2005 General Election," accessed July 29, 2013
- ↑ 4.0 4.1 4.2 Cincinnati.com. "Issue 1 asks voters for $2B," October 23, 2005
- ↑ 5.0 5.1 Followthemoney.org, "ISSUE 1: Economic Growth And Public Infrastructure Improvement," accessed July 27, 2011