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Nebraska Nonprofit Property Development Bonds, Amendment 2 (2002)

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The Nebraska Nonprofit Property Development Bonds Amendment, also known as Amendment 2, was a legislatively-referred constitutional amendment on the November 7, 2002 election ballot in Nebraska, where it was defeated.

Aftermath

In 2006, a similar proposal with almlost the same ballot language also failed to be approved by voters.

Election results

Amendment 2 (Nonprofit Property Development Bonds)
ResultVotesPercentage
Defeatedd No245,13949.9%
Yes 167,255 34.1%

Official results via: Nebraska Blue Book 2008-09 (p.263)

Text of measure

The language that appeared on the ballot:

A vote FOR this proposal will amend section 2 of the Article XIII of the Nebraska Constitution to permit the Legislature to authorize counties, cities, and villages to acquire, own, develop, lease, and otherwise finance real and personal property to be used by non profit enterprises. In addition, the Legislature would be empowered to authorize counties, cities and villages to issue revenue bonds for such purposes.
A vote AGAINST this proposal will retain the current section 2 of Article XIII of the Nebraska Constitution and will not grant authority to the Legislature as set forth above.
A constitutional amendment to authorize the use of revenue bonds to develop and lease property for use by nonprofit enterprises as determined by law.[1]

See also

External links

References