Ohio Issue 3, Bonds for Roads (June 1980)

From Ballotpedia
Jump to: navigation, search
Voting on Bond Issues
Bond issues.jpg
Ballot Measures
By state
By year
Not on ballot
Ohio Constitution
Seal of Ohio.svg.png
The Ohio Bonds for Roads Amendment, also known as Issue 3, was on the June 3, 1980 ballot in Ohio as a legislatively-referred constitutional amendment, where it was defeated.[1] This amendment would have authorized the state to issue bonds for the purpose of road construction.

Election results

Ohio Issue 3 (1980)
Defeatedd No1,084,43857.09%
Yes 815,011 42.91%

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

Text of measure

The language appeared on the ballot as:[3]

Proposed Constitutional Amendment
To adopt Section 2k of Article VIII of the Ohio Constitution
  1. The proposed amendment allows the legislature to authorize the issuance of bonds and notes for construction, restoration, or other permanent improvements of bridge, highways, roads, streets, and highway rest areas; for the elimination of railroad grade crossings and for related acquisition and permanent improvement of real estate. These bonds and notes would be guaranteed by state revenues.
  2. The amount of bonds and notes which could be issued is subject to the following limitations:
    (a) the amount which can be paid from specified from existing highway tax sources, and any federal grants or subsidies available for their payment;
    (b) not more than two hundred million ($200,000,000) in new bonds and notes may be issued in any fiscal year.
    The maturity of these bonds shall be based on the usefulness of the improvements, up to a maximum of thirty years.
  3. The proposed amendment exempts these bonds and notes from other constitutional limitations on debt.
If adopted, this amendment shall take immediate effect.

Shall the proposed amendment be adopted?[4]

See also

Suggest a link

External links