Michigan Proposal D, Transportation Systems Bond Measure (1974)
| Michigan Proposal D | |
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| Election date |
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| Topic Airport infrastructure and Bond issues |
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| Status |
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| Type Bond issue |
Origin |
Michigan Proposal D was on the ballot as a bond issue in Michigan on November 5, 1974. It was defeated.
A “yes” vote supported allowing the state to issue bonds for the development of transportation systems. |
A “no” vote opposed allowing the state to issue bonds for the development of transportation systems. |
Election results
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Michigan Proposal D |
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| Result | Votes | Percentage | ||
| Yes | 963,576 | 42.20% | ||
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1,319,586 | 57.80% | ||
Text of measure
Ballot title
The ballot title for Proposal D was as follows:
| “ | PROPOSAL D STATE-WIDE TRANSPORTATION SYSTEMS BONDS The proposal would: (1) Authorize the state to borrow the sum of 1.1 billion dollars to finance the planning, acquiring, constructing, and equipping of various land, air, and water transportation systems, other than operating and maintenance expenses; and (2) Authorize the state to issue general obligation bonds therefor; and (3) Provide for repayment from the general fund. Should this proposal be approved? 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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