Difference between revisions of "Alabama General Obligation Bond Amendment, Amendment 2 (2012)"

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  status = On the ballot |
 
  status = On the ballot |
 
}}{{tnr}}An '''Alabama General Obligation Bond Amendment''', also known as '''Amendment 2''' will appear on the [[Alabama 2012 ballot measures|November 6, 2012 ballot]] in the state of [[Alabama]] as a {{lrcafull}}.  The measure aims to  allow the state to issue general obligation bonds of no more than $750 million. According to the text of the measure, the proposal was sent to the ballot during the [[Dates of 2012 state legislative sessions|2012 state legislative session]].<ref> [http://arc-sos.state.al.us/PAC/SOSACPDF.001/A0009583.PDF ''Alabama Secretary of State'', "Act Number 2012-567", Retrieved June 11, 2012]</ref>
 
}}{{tnr}}An '''Alabama General Obligation Bond Amendment''', also known as '''Amendment 2''' will appear on the [[Alabama 2012 ballot measures|November 6, 2012 ballot]] in the state of [[Alabama]] as a {{lrcafull}}.  The measure aims to  allow the state to issue general obligation bonds of no more than $750 million. According to the text of the measure, the proposal was sent to the ballot during the [[Dates of 2012 state legislative sessions|2012 state legislative session]].<ref> [http://arc-sos.state.al.us/PAC/SOSACPDF.001/A0009583.PDF ''Alabama Secretary of State'', "Act Number 2012-567", Retrieved June 11, 2012]</ref>
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==Support==
 +
* The main sponsor of the measure was [[Alabama House of Representatives|State Representative]] [[Jay Love]].<ref> [http://arc-sos.state.al.us/PAC/SOSACPDF.001/A0009583.PDF ''Alabama Secretary of State'', "House Bill 12", Retrieved September 17, 2012]</ref>
 
==Media endorsements==
 
==Media endorsements==
 
* ''The Birmingham News'' stated at the time of the measure's legislative approval, "This November's general election ballot will have at least one proposed constitutional amendment deserving of approval...The Legislature in the closing hours of its special session last week approved a proposed constitutional amendment that rewrites the rules for a state commission that can sell up to $750 million in bonds to help land big economic-development projects. The amendment would make a common-sense change that would help give the state money it needs to lure businesses and jobs to Alabama."<ref> [http://blog.al.com/birmingham-news-commentary/2012/05/post_37.html ''Alabama.com'', "OUR VIEW: Proposed constitutional amendment would help state's industrial recruiting efforts", May 30, 2012]</ref>
 
* ''The Birmingham News'' stated at the time of the measure's legislative approval, "This November's general election ballot will have at least one proposed constitutional amendment deserving of approval...The Legislature in the closing hours of its special session last week approved a proposed constitutional amendment that rewrites the rules for a state commission that can sell up to $750 million in bonds to help land big economic-development projects. The amendment would make a common-sense change that would help give the state money it needs to lure businesses and jobs to Alabama."<ref> [http://blog.al.com/birmingham-news-commentary/2012/05/post_37.html ''Alabama.com'', "OUR VIEW: Proposed constitutional amendment would help state's industrial recruiting efforts", May 30, 2012]</ref>

Revision as of 14:18, 17 September 2012

Amendment 2
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Type:Constitutional amendment
Constitution:Alabama Constitution
Referred by:Alabama Legislature
Topic:Bond issues
Status:On the ballot
An Alabama General Obligation Bond Amendment, also known as Amendment 2 will appear on the November 6, 2012 ballot in the state of Alabama as a legislatively-referred constitutional amendment. The measure aims to allow the state to issue general obligation bonds of no more than $750 million. According to the text of the measure, the proposal was sent to the ballot during the 2012 state legislative session.[1]

Support

Media endorsements

  • The Birmingham News stated at the time of the measure's legislative approval, "This November's general election ballot will have at least one proposed constitutional amendment deserving of approval...The Legislature in the closing hours of its special session last week approved a proposed constitutional amendment that rewrites the rules for a state commission that can sell up to $750 million in bonds to help land big economic-development projects. The amendment would make a common-sense change that would help give the state money it needs to lure businesses and jobs to Alabama."[3]

Path to the ballot

Article XVIII of the Alabama Constitution says that it takes a three-fifths (60%) vote of the Alabama State Legislature to qualify an amendment for the ballot.

See also

External links

References

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