Nebraska Amendment 2, Authorize Nonprofit Property Development Bonds Measure(2002)

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Nebraska Amendment 2

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Election date

November 5, 2002

Topic
Bond issues and County and municipal governance
Status

DefeatedDefeated

Type
Legislatively referred constitutional amendment
Origin

State legislature



Nebraska Amendment 2 was on the ballot as a legislatively referred constitutional amendment in Nebraska on November 5, 2002. It was defeated.

A "yes" vote supported this amendment to authorize municipalities to issue revenue bonds to acquire, own, develop, lease, or finance property to be used by nonprofit enterprises.

A "no" vote opposed this amendment to authorize municipalities to issue revenue bonds to acquire, own, develop, lease, or finance property to be used by nonprofit enterprises.


Election results

Nebraska Amendment 2

Result Votes Percentage
Yes 167,255 40.56%

Defeated No

245,139 59.44%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Amendment 2 was as follows:

A constitutional amendment to authorize the use of revenue bonds to develop and lease property for use by nonprofit enterprises as determined by law.

[ ] For

[ ] Against

Ballot summary

The ballot summary for this measure was:

A vote FOR this proposal will amend section 2 of the Article XIII of the Nebraska Constitution to permit the Legislature to authorize counties, cities, and villages to acquire, own, develop, lease, and otherwise finance real and personal property to be used by non profit enterprises. In addition, the Legislature would be empowered to authorize counties, cities and villages to issue revenue bonds for such purposes.

A vote AGAINST this proposal will retain the current section 2 of Article XIII of the Nebraska Constitution and will not grant authority to the Legislature as set forth above.

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