California Proposition 10, Refunding of Bonds Amendment (June 1976)
| California Proposition 10 | |
|---|---|
|
|
|
| Election date |
|
| Topic Bond issues and State and local government budgets, spending, and finance |
|
| Status |
|
| Type Legislatively referred constitutional amendment |
Origin |
California Proposition 10 was on the ballot as a legislatively referred constitutional amendment in California on June 8, 1976. It was defeated.
A “yes” vote supported allowing the legislature, by a 2/3 vote, to authorize the refunding of bonds to refinance any outstanding state debt. |
A “no” vote opposed allowing the legislature, by a 2/3 vote, to authorize the refunding of bonds to refinance any outstanding state debt. |
Election results
|
California Proposition 10 |
||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
| Yes | 2,363,999 | 45.37% | ||
|
|
2,846,283 | 54.63% | ||
Text of measure
Ballot title
The ballot title for Proposition 10 was as follows:
| “ | Bonds to Refund State Indebtedness | ” |
Ballot summary
The ballot summary for this measure was:
| “ | BONDS TO REFUND STATE INDEBTEDNESS. LEGISLATIVE CONSTITUTIONAL AMENDMENT. Amends Constitution Article XVI, section 1 to permit Legislature, by two-thirds vote, to authorize, without voter approval, refunding bonds to refinance any outstanding state debt. Financial impact: Unknown possible future savings in state interest costs. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
- See also: Amending the California Constitution
A two-thirds vote was needed in each chamber of the California State Legislature to refer the constitutional amendment to the ballot for voter consideration.
See also
External links
Footnotes
 |
State of California Sacramento (capital) |
|---|---|
| Elections |
What's on my ballot? | Elections in 2025 | How to vote | How to run for office | Ballot measures |
| Government |
Who represents me? | U.S. President | U.S. Congress | Federal courts | State executives | State legislature | State and local courts | Counties | Cities | School districts | Public policy |
