Alaska Proposition 10, University of Alaska Construction Bond Measure (1974)
| Alaska Proposition 10 | |
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| Election date |
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| Topic Bond issues and Higher education funding |
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| Status |
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| Type Bond issue |
Origin |
Alaska Proposition 10 was on the ballot as a bond issue in Alaska on November 5, 1974. It was approved.
A "yes" vote supported authorizing $39,523,000 in general obligation bonds for capital improvements at the University of Alaska. |
A "no" vote opposed authorizing $39,523,000 in general obligation bonds for capital improvements at the University of Alaska. |
Election results
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Alaska Proposition 10 |
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| Result | Votes | Percentage | ||
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54,445 | 58.38% | ||
| No | 38,820 | 41.62% | ||
Text of measure
Ballot title
The ballot title for Proposition 10 was as follows:
| “ | BONDING PROPOSITION NO. 10 (CH. 144 SLA 1974) State General Obligation University of Alaska Construction Bonds $39,523,000 Shall the State of Alaska issue its general obligation bonds in the principal amount of not more than $39,523,000 for the purpose of paying the cost of capital improvements for the University of Alaska? | ” |
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
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State of Alaska Juneau (capital) |
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