Nebraska Amendment 5, Redevelopment Bonds Amendment (1976)
| Nebraska Amendment 5 | |
|---|---|
| Election date |
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| Topic Bond issues and Housing development funding |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Nebraska Amendment 5 was on the ballot as a legislatively referred constitutional amendment in Nebraska on November 2, 1976. It was defeated.
A "yes" vote supported allowing the legislature to authorize cities and counties to issue bonds for redeveloping properties, paid off through increased property taxes. |
A "no" vote opposed allowing the legislature to authorize cities and counties to issue bonds for redeveloping properties, paid off through increased property taxes. |
Election results
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Nebraska Amendment 5 |
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|---|---|---|---|---|
| Result | Votes | Percentage | ||
| Yes | 210,684 | 43.14% | ||
| 277,671 | 56.86% | |||
Text of measure
Ballot title
The ballot title for Amendment 5 was as follows:
| “ | Constitutional amendment to provide that the Legislature may authorize a political subdivision to issue bonds for the funding of redevelopment projects, which bonds shall be paid by property taxes on new valuations in such projects. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
- See also: Amending the Nebraska Constitution
A 60% supermajority vote is required during one legislative session for the Nebraska State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 30 votes in the unicameral legislature, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot. A simple majority vote is required for voter approval. However, the number of affirmative votes cast for the measure must be greater than 35% of the total votes cast in the election. This also applies to citizen initiatives.
See also
External links
Footnotes
State of Nebraska Lincoln (capital) | |
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