Oregon Credit and Indebtedness for Higher Education Buildings, Measure 2 (1950)

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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.[1]

Election results

Oregon Measure 2 (1950)
ResultVotesPercentage
Approveda Yes 256,895 57.16%
No192,57342.84%

Election results via: Oregon Blue Book

Text of measure

The language appeared on the ballot as:[1]

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.
Vote YES or NO


302. Yes. I vote for the proposed amendment.

303. No. I vote against the proposed amendment.

[2]

See also

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References

  1. 1.0 1.1 Oregon State Library, "State of Oregon Official Voters' Pamphlet," accessed November 20, 2013
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.