Alabama State Issued Bonds, Amendment 6 (1932)

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The Alabama State Issued Bonds, Amendment 6, also known as Amendment 6, was on the ballot in Alabama on November 8, 1932, as a legislatively referred constitutional amendment. It was defeated. The amendment proposed to amend the constitution. The amendment proposed that the state would be permitted to issue interest bearing bonds in an amount not to exceed $20 million to pay the indebtedness of the state outstanding on September 30, 1932. Interest rates shall not exceed six percent per annum, payable semi-annually. A sinking fund, funded from income taxes, would be created to pay the above bonds, any deficiencies may be payed through temporary loans not exceeding $3 million.[1]

Election results

Alabama Amendment 6 (1932)
ResultVotesPercentage
Defeatedd No157,88473.09%
Yes58,13926.91%

Election results via: Alabama Official and Statistical Register, 1935

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Footnotes

  1. ↑ ADAH Digital Collections, "Alabama Official and Statistical Register, 1935" accessed September 15, 2015
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