California Proposition 3, Deposits of Public Moneys Amendment (1924)
| California Proposition 3 | |
|---|---|
 | |
| Election date November 4, 1924 | |
| Topic State and local government budgets, spending, and finance | |
Status Approved | |
| Type Constitutional amendment | Origin State legislature |
California Proposition 3 was on the ballot as a legislatively referred constitutional amendment in California on November 4, 1924. It was approved.
A “yes” vote supported allowing the deposit of public moneys by any political subdivision into banks of the state of California. |
A “no” vote opposed allowing the deposit of public moneys by any political subdivision into banks of the state of California. |
Election results
|
California Proposition 3 |
||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
|
|
515,412 | 64.81% | ||
| No | 279,830 | 35.19% | ||
Text of measure
Ballot title
The ballot title for Proposition 3 was as follows:
| “ | Deposit of Public Moneys | ” |
Ballot summary
The ballot summary for this measure was:
| “ | Assembly constitutional amendment 46. Amends Section 16 ½ of Article XI of Constitution by extending to any political subdivision, the provisions permitting the deposit in banks of this state of moneys belonging to or in the custody of the state or any political subdivision. | ” |
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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