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Michigan Proposal 02-2, Water Quality Projects Bond Measure (2002)
| Michigan Proposal 02-2 | |
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| Election date |
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| Topic Bond issues |
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| Status |
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| Type Bond issue |
Origin |
Michigan Proposal 02-2 was on the ballot as a bond issue in Michigan on November 5, 2002. It was approved.
A “yes” vote supported authorizing up to $1 billion in bonds for water quality projects. |
A “no” vote opposed authorizing up to $1 billion in bonds for water quality projects. |
Election results
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Michigan Proposal 02-2 |
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| Result | Votes | Percentage | ||
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1,774,053 | 60.21% | ||
| No | 1,172,612 | 39.79% | ||
Text of measure
Ballot title
The ballot title for Proposal 02-2 was as follows:
| “ | PROPOSAL 02-2 A PROPOSAL TO AUTHORIZE BONDS FOR SEWAGE TREATMENT WORKS PROJECTS, STORM WATER PROJECTS AND WATER POLLUTION PROJECTS The proposal would: Authorize the State of Michigan to borrow a sum not to exceed $1 billion to improve the quality of the waters of the state by financing sewage treatment works projects, storm water projects and water pollution projects. Authorize the state to issue general obligation bonds pledging the full faith and credit of the state for the payment of principal and interest on the bonds. Provide for repayment of the bonds from the general fund of the state. Should this proposal be adopted? Yes No | ” |
Path to the ballot
In Michigan, voter approval is required for state bond issues that exceed 15% of undedicated revenues.
A two-thirds vote is required during one legislative session for the Michigan State Legislature to place a bond issue on the ballot. That amounts to a minimum of 74 votes in the Michigan House of Representatives and 14 votes in the Michigan State Senate, assuming no vacancies. State bond issues require the governor's signature to be referred to the ballot.
See also
Footnotes
External links
- Michigan Department of State, "Initiatives and Referendums Under the Constitution of the State of Michigan of 1963," December 5, 2008
- House Fiscal Agency, "Analysis of Proposals on the Ballot November 5, 2002," September 13, 2002
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State of Michigan Lansing (capital) |
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