Alabama Bond Issuance, Amendment 1 (1949)

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The Alabama Bond Issuance, Amendment 1, also known as Amendment 1, was on the ballot in Alabama on December 13, 1949, as a legislatively referred constitutional amendment. It was approved. The amendment proposed to amend the constitution. The amendment proposed the governor shall be permitted to issues bonds, provided that the aggregate principal does not exceed $2,000,000 and would mature in 10 years. The proceeds from the above bonds would fund hospitals, tuberculosis hospitals and health facilities. priority would be given to those communities that do not already have health care facilities and would be entitled to no less than $60,000 per annum. The interest rate on the above bonds would not exceed two percent.

Election results

Alabama Amendment 1 (December 1949)
Result		Votes	Percentage
a Yes		40,788	61.56%
No		25,464	38.44%

Election results via: Alabama Official and Statistical Register, 1951

See also

Suggest a link

• Alabama 1949 ballot measures
• 1949 ballot measures
• List of Alabama ballot measures
• History of Initiative & Referendum in Alabama

External links

• Alabama Official and Statistical Register, 1951