Missouri Amendment 5, Authority to Issue Public Improvement Bonds Measure (1986)
| Missouri Amendment 5 | |
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| Topic Bond issue requirements and Local government finance and taxes |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Missouri Amendment 5 was on the ballot as a legislatively referred constitutional amendment in Missouri on November 4, 1986. It was defeated.
A "yes" vote supported amending the Missouri State Constitution to authorize cities and counties to issue bonds for public improvements within a special district with the approval of a petition of two-thirds of property owners within that district, and levy a tax on district property owners to repay bonds. |
A "no" vote opposed amending the Missouri State Constitution to authorize cities and counties to issue bonds for public improvements within a special district with the approval of a petition of two-thirds of property owners within that district, and levy a tax on district property owners to repay bonds. |
Election results
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Missouri Amendment 5 |
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| Result | Votes | Percentage | ||
| Yes | 594,117 | 46.34% | ||
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687,978 | 53.66% | ||
Text of measure
Ballot title
The ballot title for Amendment 5 was as follows:
| “ | Amendment No. 5- (Submitted by the 83rd General Assembly, Second Regular Session) Upon petition of two-thirds of property owners within a special benefit district, cities and counties may issue bonds for public improvements within the district and levy tax on district property owners to repay bonds. Revenues realized from special assessments are designated to cover the costs of the general obligation bonds. | ” |
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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