The Ohio Payment of Debt by Political Jurisdiction Amendment
, also known as Issue 6
, appeared on the June 8, 1976 ballot
as a legislatively-referred constitutional amendment
, where it was defeated
This amendment modifies constitutional language in relation to repayment of debt.
| Ohio Issue 6 (1976)|
|Yes|| 675,012|| 43.11%|
Election results via the Ohio Secretary of State.
Text of measure
The language appeared on the ballot as:
|| Proposed Constitutional Amendment
To adopt Section 7 and to repeal Section 11 of Article XII, Ohio Constitution
- To make provision for retirement of general obligation bonds and notes of political subdivisions from legally available sources not limited to property taxes and for limitations by the general assembly on the amounts of such bonds and notes issued by political subdivisions.
- To require the timely payment of principal and interest of the general obligation debt incurred by a political subdivision.
- To repeal constitutional provisions operating to indirectly limit the amount of debt that may be incurred by a political subdivision without a vote of the electorate.
- To repeal requirements that political subdivisions create a sinking fund for the repayment of debt at maturity.
The Secretary of State shall assign Section 11 if on the effective date of the amendment Section 7 is already assigned.
Shall the proposed amendment be adopted?