Oregon Indebtedness for Power Development, Measure 4 (1962)

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The Oregon Indebtedness for Power Development Amendment, also known as Measure 4, was on the November 6, 1962 ballot in Oregon as a legislatively-referred constitutional amendment, where it was approved. The measure based the debt limit regarding power development on one and a half percent of trust cash value of all taxable property within the state. Prior, the debt limit for such was based on six percent of assessed valuation of all taxable property within the state.[1]

See Energy policy in Oregon for a full explanation of energy policy across the state.

Election results

Oregon Measure 4 (1962)
ResultVotesPercentage
Approveda Yes 298,255 58.83%
No208,75541.17%

Election results via: Oregon Blue Book

Text of measure

The language appeared on the ballot as:[1]

4. POWER DEVELOPMENT DEBT LIMIT AMENDMENT - Purpose: Amends constitutional debt limit for power development purposes from 6% assessed valuation to 1 1/2% true cash value of all taxable property in state.

YES □

NO □ [2]

Support

Supporters

  • State Senator Al Flegel[1]
  • State Representative Richard Eymann
  • State Representative W.O. Kelsay

See also

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External links

References

  1. 1.0 1.1 1.2 Oregon State Library, "State of Oregon Official Voters' Pamphlet," accessed November 26, 2013
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.