Michigan Proposal A, Low Income Housing Bond Measure (1970)
| Michigan Proposal A | |
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| Election date |
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| Topic Bond issues and Housing assistance programs |
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| Status |
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| Type Bond issue |
Origin |
Michigan Proposal A was on the ballot as a bond issue in Michigan on November 3, 1970. It was defeated.
A “yes” vote supported allowing the state to issue bonds for the funding of low income housing. |
A “no” vote opposed allowing the state to issue bonds for the funding of low income housing. |
Election results
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Michigan Proposal A |
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| Result | Votes | Percentage | ||
| Yes | 921,482 | 39.89% | ||
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1,388,737 | 60.11% | ||
Text of measure
Ballot title
The ballot title for Proposal A was as follows:
| “ | PROPOSAL A PROPOSAL TO AUTHORIZE BONDS FOR LOW INCOME HOUSING Shall the State of Michigan borrow the sum of $100,000,000.00 and issue general obligation bonds of the state therefor pledging the full faith and credit of the state for the payment of principal and interest thereon for the purpose of increasing the supply of decent, safe, and sanitary low income housing and eliminating slums and blight, and for the making of grants, loans, and advances to municipalites of the state and redevelopment corporations for such purposes, the method of repayment of said bonds to be from the general fund of the state? YES NO | ” |
Full Text
The full text of this measure is available here.
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
External links
Footnotes
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State of Michigan Lansing (capital) |
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