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Georgia Amendment 12, Municipal Revenue Bonds for Redevelopment Amendment (1962)
| Georgia Amendment 12 | |
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| Election date |
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| Topic Bond issues and County and municipal governance |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Georgia Amendment 12 was on the ballot as a legislatively referred constitutional amendment in Georgia on November 6, 1962. It was defeated.
A "yes" vote supported authorizing counties and municipalities to issue, sell, and refund revenue bonds for slum clearance and redevelopment, with the ability to pledge taxes. |
A "no" vote opposed authorizing counties and municipalities to issue, sell, and refund revenue bonds for slum clearance and redevelopment, with the ability to pledge taxes. |
Election results
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Georgia Amendment 12 |
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| Result | Votes | Percentage | ||
| Yes | 92,124 | 48.17% | ||
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99,138 | 51.83% | ||
Text of measure
Ballot title
The ballot title for Amendment 12 was as follows:
| “ | FOR ratification of amendment to Article VII, Section VII, Paragraph V of the Constitution of the State of Georgia, as amended, authorizing any county, municipal corporations, or political subdivisions of the State to issue and sell revenue bonds and to refund any such bonds to provide funds for the purpose of carrying out slum clearance and redevelopment work and to pledge certain taxes for that purpose. AGAINST ratification of amendment to Article VII, Section VII, Paragraph V of the Constitution of the State of Georgia, as amended, authorizing any county, municipal corporations, or political subdivisions of the State to issue and sell revenue bonds and to refund any such bonds to provide funds for the purpose of carrying out slum clearance and redevelopment work and to pledge certain taxes for that purpose. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
- See also: Amending the Georgia Constitution
A two-thirds (66.67%) vote is required during one legislative session for the Georgia State Legislature to place an amendment on the ballot. That amounts to a minimum of 120 votes in the Georgia House of Representatives and 38 votes in the Georgia State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.
See also
Footnotes
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State of Georgia Atlanta (capital) |
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