A Bonds for Transportation ballot measure was on the November 4, 2008 ballot in Alaska, where it was approved.
It authorizes the state government to issue bonds in the amount of $315,050,000.
| Alaska Bonds for Transportation|
| Yes|| 187,961|| 63.6%|
Results according to the Alaska Elections Division.
Text of the proposition
The measure enacted the following provisions:
- Authorizes $315,050,000 in bonds for transportation spending.
Perspective from NTU
The Bonding Proposition authorizes $315,050,000 in bonds for transportation
spending. Over the life of the bond, this form of borrowing could cost
taxpayers twice the original amount to pay back.