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Alaska Bonding Proposition 1, Flood Control and Port Development Bond Measure (1978)

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Alaska Bonding Proposition 1

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Election date

November 7, 1978

Topic
Bond issues and Flood infrastructure and management
Status

ApprovedApproved

Type
Bond issue
Origin

State legislature



Alaska Bonding Proposition 1 was on the ballot as a bond issue in Alaska on November 7, 1978. It was approved.

A "yes" vote supported authorizing $33,290,000 in bonds for erosion and flood control, port facilities development, and small boat landing and harbor projects.

A "no" vote opposed authorizing $33,290,000 in bonds for erosion and flood control, port facilities development, and small boat landing and harbor projects.


Election results

Alaska Bonding Proposition 1

Result Votes Percentage

Approved Yes

70,207 58.33%
No 50,156 41.67%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Bonding Proposition 1 was as follows:

Shall the State of Alaska issue its general obligation bonds in the principal amount of not more than $33,290,000 for the purpose of paying the cost of erosion and flood control, port facilities development, and small boat landing and harbor projects?

Full Text

The full text of this measure is available here.


Path to the ballot

In Alaska, voter approval is required for state bond issues. Exceptions are made for bond issues for capital improvements, housing loans for veterans, or bond issues made for the purpose of "repelling invasion, suppressing insurrection, defending the State in war, meeting natural disasters, or redeeming indebtedness outstanding at the time this constitution becomes effective." State bond issues require the governor's signature to be referred to the ballot.

A simple majority vote is required during one legislative session for the Alaska State Legislature to place a bond issue on the ballot. That amounts to a minimum of 21 votes in the Alaska House of Representatives and 11 votes in the Alaska State Senate, assuming no vacancies.

See also


Footnotes