California Proposition 2, Veterans' Homes and Farms Bond Measure (June 1962)
| California Proposition 2 | |
|---|---|
 | |
| Election date June 5, 1962 | |
| Topic Bond issues | |
Status Approved | |
| Type Bond issue | Origin State Legislature |
California Proposition 2 was on the ballot as a bond issue in California on June 5, 1962. It was approved.
A “yes” vote supported allowing for the issuance of bonds up to $250,000,000 to help veterans acquire farms and homes and establishing the terms of such bonds. |
A “no” vote opposed allowing for the issuance of bonds up to $250,000,000 to help veterans acquire farms and homes and establishing the terms of such bonds. |
Election results
|
California Proposition 2 |
||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
|
|
1,880,875 | 50.35% | ||
| No | 1,854,916 | 49.65% | ||
Text of measure
Ballot title
The ballot title for Proposition 2 was as follows:
| “ | Veterans Bond Act of 1962 | ” |
Ballot summary
The ballot summary for this measure was:
| “ | This act provides for a bond issue of two hundred fifty million dollars ($250,000,000) to provide farm and home aid for California veterans. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
A simple majority vote was needed in each chamber of the California State Legislature to refer the measure to the ballot for voter consideration.
See also
External links
Footnotes
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State of California Sacramento (capital) |
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