Missouri Amendment 4, Municipal Indebtedness Measure (1960)
| Missouri Amendment 4 | |
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| Election date |
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| Topic Ballot measure process and Debt limits |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Missouri Amendment 4 was on the ballot as a legislatively referred constitutional amendment in Missouri on November 8, 1960. It was approved.
A "yes" vote supported amending the Missouri State Constitution to allow municipalities in counties with under 400,000 people to incur debt (up to 10% of taxable property value) by a two-thirds vote or issue revenue bonds by a four-sevenths vote to develop industrial plants for private leasing. |
A "no" vote opposed amending the Missouri State Constitution to allow municipalities in counties with under 400,000 people to incur debt (up to 10% of taxable property value) by a two-thirds vote or issue revenue bonds by a four-sevenths vote to develop industrial plants for private leasing. |
Election results
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Missouri Amendment 4 |
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| Result | Votes | Percentage | ||
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553,003 | 50.53% | ||
| No | 541,437 | 49.47% | ||
Text of measure
Ballot title
The ballot title for Amendment 4 was as follows:
| “ | Amendment No. 4- (Submitted by the 70th General Assembly.) To authorize any municipality within any county having less than 400,000 population, by a 2/3 vote to become indebted, not to exceed ten per cent of the value of the taxable property in the municipality, to acquire, construct, extend or improve plants, including real estate, buildings, fixtures and machinery, to be leased or disposed to private interests for manufacturing and industrial purposes and to authorize any municipality by a 4/7 vote to issue revenue bonds for such plants, to be leased to private interests. | ” |
Path to the ballot
- See also: Amending the Missouri Constitution
A simple majority vote is required during one legislative session for the Missouri General Assembly to place a constitutional amendment on the ballot. That amounts to a minimum of 82 votes in the Missouri House of Representatives and 18 votes in the Missouri State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.
See also
External links
Footnotes
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State of Missouri Jefferson City (capital) |
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