Oregon Credit and Indebtedness for Higher Education Buildings, Measure 2 (1950)
The Oregon Credit and Indebtedness for Higher Education Buildings Amendment, also known as Measure 2, was on the November 7, 1950 ballot in Oregon as a legislatively-referred constitutional amendment, where it was approved. The measure authorized the state to loan credit and incur indebtedness not exceeding three-fourths of one percent of the value of taxable property within the state to construct, repair and improve higher education buildings.
|Oregon Measure 2 (1950)|
Election results via: Oregon Blue Book
Text of measure
The language appeared on the ballot as:
Referred to the People by the Legislative Assembly
CONSTITUTIONAL AMENDMENT LENDING STATE TAX CREDIT FOR HIGHER EDUCATION BUILDINGS - Purpose: Amending Oregon constitution by adding a new article entitled Article XI-F, authorizing state to loan its credit and incur indebtedness not exceeding at any one time three-fourths of one per cent of assessed valuation of taxable property in state to redeem and refund outstanding revenue bonds issued to finance buildings for higher education; to construct, improve, repair, equip and furnish projects for higher education that appear self-liquidating and self-supporting; and to purchase or improve sites therefor. Authorizing annual ad valorem tax sufficient with revenues, gifts, grants or building fees, to pay indebtedness. Legislature to enact necessary legislation.
302. Yes. I vote for the proposed amendment.
303. No. I vote against the proposed amendment.
- Oregon 1950 ballot measures
- 1950 ballot measures
- List of Oregon ballot measures
- History of Initiative & Referendum in Oregon
- Oregon Blue Book Initiative, Referendum and Recall: 1948-1956
- Oregon State Constitution
- State of Oregon Official Voters' Pamphlet 1950
- Oregon State Library, "State of Oregon Official Voters' Pamphlet," accessed November 20, 2013
- Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
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