The Ohio Financing of Rail Systems Amendment
, also known as Issue 8
, appeared on the November 4, 1975 ballot
as a legislatively-referred constitutional amendment
, where it was defeated
This amendment would have allowed state and local governments to finance the reorganization of the state's rail systems.
| Ohio Issue 8 (1975)|
|Yes|| 871,726|| 35.06%|
Election results via the Ohio Secretary of State.
Text of measure
The language appeared on the ballot as:
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
|| To permit the state, or any city, village, county, township or regional transportation authority to give or loan its credits to federal corporations and state agencies for reorganization of rail systems in the state. Laws may be passed to reduce the taxation on property used to provide the state with rail transportation service and to permit the state to reimburse local governments for revenue lost as a result of such tax reduction. Moneys raised by taxation shall not be obligated or pledged for the payment of bonds or other obligations issued pursuant to this section.
Shall the proposed amendment be adopted?