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Nebraska Amendment 5, Redevelopment Bonds Amendment (1976)

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Nebraska Amendment 5

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Election date

November 2, 1976

Topic
Bond issues and Housing development funding
Status

DefeatedDefeated

Type
Legislatively referred constitutional amendment
Origin

State legislature



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

Nebraska Amendment 5

Result Votes Percentage
Yes 210,684 43.14%

Defeated No

277,671 56.86%
Results are officially certified.
Source


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