Arizona Public Debt, Revenue and Taxation, Proposition 102 (2004)

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Arizona Proposition 102, also known as the Public Debt, Revenue and Taxation, was on the November 7, 2004 election ballot in Arizona as a legislatively-referred constitutional amendment. It was defeated.[1]

Election results

Public Debt, Revenue and Taxation
Defeatedd No853,63251.9%
Yes 792,277 48.1%
Election results from Arizona Elections Department.

Text of measure

Ballot language

The language that appeared on the ballot:

The Arizona Constitution prohibits the state government from becoming a shareholder or joint owner in a company or corporation.

Proposition 102 would amend the Constitution to add an additional exception allowing the state to license or transfer interests in technology or intellectual property created or acquired by state universities or the Board of Regents in exchange for ownership interests and securities in a company or corporation. The ownership interests must be obtained only for investment as authorized by law.[2][3]

Campaign finance

Arizona Forward, a group for the referendum, spent $654,090 in support of the measure.[4]

See also

Suggest a link

External links


  1. Arizona 2004 election results
  2. NCSL ballot measure database
  3. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
  4. Follow the Money, Arizona Proposition 102 Donations