California Proposition 6, Refinancing Irrigation and Reclamation Districts Bond Measure (June 1933)
| California Proposition 6 | |
|---|---|
 | |
| Election date June 27, 1933 | |
| Topic Bond issues | |
Status Defeated | |
| Type Bond issue | Origin State Legislature |
California Proposition 6 was on the ballot as a bond issue in California on June 27, 1933. It was defeated.
A “yes” vote supported allowing for the issuance of bonds up to $55,000,000 for refinancing irrigation and reclamation districts and establishing the terms of such bonds. |
A “no” vote opposed allowing for the issuance of bonds up to $55,000,000 for refinancing irrigation and reclamation districts and establishing the terms of such bonds. |
Election results
|
California Proposition 6 |
||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
| Yes | 444,998 | 41.35% | ||
|
|
631,230 | 58.65% | ||
Text of measure
Ballot title
The ballot title for Proposition 6 was as follows:
| “ | State Bonds for Refinancing Irrigation and Reclamation Districts | ” |
Ballot summary
The ballot summary for this measure was:
| “ | Assembly Constitutional Amendment 16. Ratifies District Finance Act of 1933. Authorizes $55,000,000 State bonds to refinance irrigation and reclamation districts by purchasing and canceling their outstanding bonds when recommended by California Districts Securities Commission. State receiving therefor districts' refunding bonds coinciding as nearly as practicable in maturity dates and amounts with State bonds issued; permits State to resell refunding bonds; prohibits district issuing additional bonds without Commission's consent while refunding bonds outstanding; empowers Commission to levy district assessments to pay refunding bonds should district not levy same. | ” |
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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