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Minnesota Increase Debt Limit of Municipalities, Amendment 3 (1902)
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The Minnesota Increase Debt Limit of Municipalities Amendment, also known as Amendment 3, was on the November 4, 1902 ballot in Minnesota as a legislatively referred constitutional amendment, where it was defeated. The measure would have increased the debt limit of municipalities borrowing permanent school funds up to 15% of the assessed valuation of the taxable property of the county, city or school district.[1]
Election results
| Minnesota Amendment 3 (1902) | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 No | 20777 | 15.11% | ||
| Yes | 116,766 | 84.89% | ||
Although the measure gathered more "yes" votes than "no" votes, Minnesota requires that the majority of all voters vote "yes" in order to pass an amendment. In 1902, there were 276,071 total voters, requiring a vote of at least 138,036 to pass a measure.
Election results via: Minnesota Legislative Reference Library
Text of measure
The text of the measure can be read here.
Similar measures
- Minnesota Debt Limit of Municipalities, Amendment 1 (1900)
- Minnesota Debt Limit of Municipalities, Amendment 1 (1904)
See also
- Minnesota 1902 ballot measures
- 1902 ballot measures
- List of Minnesota ballot measures
- History of direct democracy in Minnesota
External links
Footnotes
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State of Minnesota St. Paul (capital) |
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