Florida Special Tax School District Bonds Amendment (1924)

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Florida Special Tax School District Bonds Amendment

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Election date

November 4, 1924

Topic
Bond issues and Public education funding
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



Florida Special Tax School District Bonds Amendment was on the ballot as a legislatively referred constitutional amendment in Florida on November 4, 1924. It was approved.

A “yes” vote supported allowing for the creation of special tax school districts and for such districts to issue bonds of up to 20% of the assessed value of taxable property in the district.

A “no” vote opposed allowing for the creation of special tax school districts and for such districts to issue bonds of up to 20% of the assessed value of taxable property in the district.


Election results

Florida Special Tax School District Bonds Amendment

Result Votes Percentage

Approved Yes

38,036 70.35%
No 16,032 29.65%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Special Tax School District Bonds Amendment was as follows:

    To amend Article 12, Section 17, of the Constitution of the state of Florida, relative to the issuance of bonds by special tax school districts, authorizing the legislature to provide for special tax school districts to issue bonds, and limiting the authorized indebtedness of such districts, including such bonds, to 20% of the assessed value of taxable property in such districts.

Full Text

The full text of this measure is available here.


Constitutional changes

Section 17. The Legislature may provide for special tax school districts to issue bonds for the exclusive use of public free schools within any such special tax school district, whenever a majority of the qualified electors thereof who are freeholders shall vote in favor of the issuance of such bonds, but no bonds shall be issued hereunder which shall exceed, together with the existing indebtedness of such special tax school district 20 per cent of the assessed value of the taxable property of such district according to the last assessment for State and County purposes prior to the issuing of such bonds. Any bonds issued hereunder shall become payable within thirty years from the date of issuance in annual installments which shall commence not more than three years after the date of issue. Each annual installment shall be not less than three per cent of the total amount of the issue. Whenever any such special tax school district has voted in favor of the issuance of such bonds a special tax for the payment of the interest on said bonds and the principal thereof as the same shall become due and payable, shall be levied on the taxable property within the district voting for their issuance in accordance with law, providing for the levy of taxes and such tax shall not be applied to any purpose other than the payment of the principal and interest of said bonds.

Path to the ballot

See also: Amending the Florida Constitution

A 60% vote was required during one legislative session for the Florida State Legislature to place a constitutional amendment on the ballot. That amounted to a minimum of 51 votes in the Florida House of Representatives and 18 votes in the Florida State Senate, assuming no vacancies. Amendments did not require the governor's signature to be referred to the ballot. Amendments on the ballot required a simple majority vote in this year.

See also


External links

Footnotes