Washington Limitations on State Debt, HJR 52 (1972)

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The Washington Limitations on State Debt, also known as House Joint Resolution 52, was on the November 7, 1972 ballot in Washington as a legislatively-referred constitutional amendment, where it was approved. The measure allowed the legislature to authorize debts by a three-fifths majority vote in both houses and only debts that would not require debt service payment to exceed nine percent.[1] The measure amended Section 1 of Article VIII of the Washington State Constitution.[2]

Election results

Washington HJR 52 (1972)
ResultVotesPercentage
Approveda Yes 673,376 58.53%
No477,14441.47%

Election results via: Washington Secretary of State

Text of measure

See also: Washington State Constitution, Section 1 of Article VIII

The language appeared on the ballot as:[1]

Shall the present $400,000 limitation upon certain state debts incurred without voter approval be replaced with a limitation allowing those debts covered by the amendment only if--
(1) their aggregate amount will not require annual principal and interest payments to exceed 9% of the average amount of general state revenues for the three immediately preceding fiscal years; and
(2) the laws authorizing such debts are approved by a three-fifths majority of both houses of the legislature?[3]

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References

  1. 1.0 1.1 Office of the Secretary of State, "1972 Voters Pamphlet," accessed August 23, 2013
  2. Washington State Legislature, "Washington State Constitution," accessed August 26, 2013
  3. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.