California Proposition 23, Deposit of Public Moneys Amendment (1922)
| California Proposition 23 | |
|---|---|
 | |
| Election date November 7, 1922 | |
| Topic State and local government budgets, spending, and finance | |
Status Approved | |
| Type Constitutional amendment | Origin State legislature |
California Proposition 23 was on the ballot as a legislatively referred constitutional amendment in California on November 7, 1922. It was approved.
A “yes” vote supported extending permission to deposit public moneys into state banks to political subdivisions aside from the state, counties, and municipalities. |
A “no” vote opposed extending permission to deposit public moneys into state banks to political subdivisions aside from the state, counties. and municipalities. |
Election results
|
California Proposition 23 |
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|---|---|---|---|---|
| Result | Votes | Percentage | ||
|
|
351,424 | 59.24% | ||
| No | 241,778 | 40.76% | ||
Text of measure
Ballot title
The ballot title for Proposition 23 was as follows:
| “ | Deposit of Public Moneys | ” |
Ballot summary
The ballot summary for this measure was:
| “ | Assembly Constitutional Amendment 26. Amends Section 16 ½ of Article XI of Constitution by extending the provisions permitting the deposit in banks in this state of moneys belonging to the state, county or municipality, to Include moneys in the custody thereof; also extends to other political subdivisions the provisions permitting the state or any county, city and county, city, town or municipality issuing bonds, to deposit moneys in banks outside this state for payment of such bonds at place where payable. | ” |
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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