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Alaska Proposition 1, State Office Building Bond Measure (1960)

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Alaska Proposition 1

Flag of Alaska.png

Election date

November 8, 1960

Topic
Bond issues
Status

DefeatedDefeated

Type
Bond issue
Origin

State legislature



Alaska Proposition 1 was on the ballot as a bond issue in Alaska on November 8, 1960. It was defeated.

A "yes" vote supported issuing $9 million in bonds for the purpose of constructing state office buildings in Anchorage and Fairbanks.

A "no" vote opposed issuing $9 million in bonds for the purpose of constructing state office buildings in Anchorage and Fairbanks.


Election results

Alaska Proposition 1

Result Votes Percentage
Yes 20,778 41.57%

Defeated No

29,206 58.43%
Results are officially certified.
Source



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


External links

Footnotes