California Proposition 15, Transfer of Money by the City Treasurer Amendment (1940)
| California Proposition 15 | |
|---|---|
 | |
| Election date November 5, 1940 | |
| Topic State and local government budgets, spending, and finance | |
Status Defeated | |
| Type Constitutional amendment | Origin State legislature |
California Proposition 15 was on the ballot as a legislatively referred constitutional amendment in California on November 5, 1940. It was defeated.
A “yes” vote supported limiting the money the city treasurer is able to transfer to meet obligations of city or city and county, |
A “no” vote opposed limiting the money the city treasurer is able to transfer to meet obligations of city or city and county, |
Election results
|
California Proposition 15 |
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|---|---|---|---|---|
| Result | Votes | Percentage | ||
| Yes | 709,385 | 38.08% | ||
|
|
1,153,446 | 61.92% | ||
Text of measure
Ballot title
The ballot title for Proposition 15 was as follows:
| “ | Transfer of Funds by City Treasurer | ” |
Ballot summary
The ballot summary for this measure was:
| “ | Senate Constitutional Amendment 24. Amends Constitution, Article IV, section 31. Limits power of city treasurer to make temporary transfer of funds necessary to meet obligations of city or city and county incurred for maintenance by authorizing such transfer only from funds in his custody other than those designated for payment of principal and interest on indebtedness incurred by or on behalf of any municipally owned or operated public utility. | ” |
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
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State of California Sacramento (capital) |
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