Ohio Government Debt Limitations, Amendment 2 (1922)

From Ballotpedia
Revision as of 15:44, 7 November 2013 by Ryan Byrne (Talk | contribs)

Jump to: navigation, search
Voting on
state and local
government budgets,
spending and finance
State finance.jpg
Budget policy
Ballot measures
By state
By year
Not on ballot
Ohio Constitution
Seal of Ohio.svg.png

The Ohio Government Debt Limitations Amendment, also known as Amendment 2 or the Beer Amendment, was on the November 7, 1922 ballot in Ohio as an initiated constitutional amendment, where it was defeated.[1]

This amendment sought to modify Article VIII, Section 13, of the Ohio Constitution to impose limitations on government debt.[1][2]

Election results

Ohio Amendment 2 (1922)
Defeatedd No691,47158.07%
Yes 499,203 41.93%

Election results via: Ohio Secretary of State

Text of measure

The language that appeared on the ballot:


This proposal provides that:
(1) No indebtedness shall be incurred for current operating expenses or for the acquisition property having an estimated usefulness of less than five years, with certain necessary exceptions of an emergency character.
(2) No funded debt shall run longer than forty years.
(3) No bonds or notes issued for property, or improvements shall run longer than the probable period of usefulness thereof to be fixed by law or estimated as provided by law.
The legislature shall have power to fix the fiscal years of political subdivisions and to fix the maximum maturity of bonds or notes issued for any purpose.[2][3]

See also

Suggest a link

External links