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Ohio Payment of Debt by Political Divisions, Amendment 6 (June 1976)

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The Ohio Payment of Debt by Political Divisions Amendment, also known as Amendment 6, was on the June 8, 1976 ballot in Ohio as a legislatively-referred constitutional amendment, where it was defeated. The measure would have required political divisions to make provisions for the payment of debt from taxation and to specify property tax limitations.[1][2][3]

Election results

Ohio Amendment 6 (1976)
ResultVotesPercentage
Defeatedd No890,89656.89%
Yes 675,012 43.11%

Election results via: Ohio Secretary of State

Text of measure

Ballot title

The language appeared on the ballot as:[4]

Proposed Constitutional Amendment
To adopt Section 7 and to repeal Section 11 of Article XII, Ohio Constitution
  1. To make provision for retirement of general obligation bonds and notes of political subdivisions from legally available sources not limited to property taxes and for limitations by the general assembly on the amounts of such bonds and notes issued by political subdivisions.
  2. To require the timely payment of principal and interest of the general obligation debt incurred by a political subdivision.
  3. To repeal constitutional provisions operating to indirectly limit the amount of debt that may be incurred by a political subdivision without a vote of the electorate.
  4. To repeal requirements that political subdivisions create a sinking fund for the repayment of debt at maturity.
SCHEDULE

The Secretary of State shall assign Section 11 if on the effective date of the amendment Section 7 is already assigned.


Shall the proposed amendment be adopted?[5]

Full text

The full text of the measure can be read here.

See also

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Suggest a link

External links

References


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