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Ohio Issue 2, Development Bonds (May 1965)

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The Ohio Development Bonds Amendment, also known as Issue 2, was on the May 4, 1965 ballot as a legislatively-referred constitutional amendment in Ohio, where it was approved.[1] This amendment authorizes $290 million in bonds for development.

Election results

Ohio Issue 2 (May 1965)
Approveda Yes 715,642 56.61%

Election results via the Ohio Secretary of State.[2]

Text of measure

See also: Ohio Constitution Section 2, Article VIII

The language appeared on the ballot as:[3]

Shall Article VIII of the Constitution of the state of Ohio be amended by adding thereto Section 2h to authorize the state to borrow not to exceed $290,000,000 and issue bonds of the state until December 31, 1970, payable from general revenues of the state for industrial development, capital improvements, natural resources, and educational facilities, provided the aggregate charges for payment of principal and interest on such bonds may not exceed $20,000,000 in any calendar year?


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