Nevada Question 5, Money Lending and Stock Holding Amendment (1992)

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Nevada Question 5

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Election date

November 3, 1992

Topic
Administration of government and State and local government budgets, spending, and finance
Status

DefeatedDefeated

Type
Legislatively referred constitutional amendment
Origin

State legislature



Nevada Question 5 was on the ballot as a legislatively referred constitutional amendment in Nevada on November 3, 1992. It was defeated.

A "yes" vote supported expanding the state's authority to lend money, provide credit, and invest in businesses while retaining the ban on donating money to private companies.

A "no" vote opposed expanding the state's authority to lend money, provide credit, and invest in businesses while retaining the ban on donating money to private companies.


Election results

Nevada Question 5

Result Votes Percentage
Yes 109,739 23.50%

Defeated No

357,190 76.50%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Question 5 was as follows:

Shall the Nevada Constitution be amended to allow the State of Nevada to lend money or its credit to any company, association or corporation, and to subscribe to or have an interest in the stock of companies, associations or corporations, but to retain the prohibition against donating money to private companies which are not formed for educational or charitable purposes?

Full Text

The full text of this measure is available here.


Path to the ballot

See also: Amending the Nevada Constitution

A simple majority vote is required during two successive legislative sessions for the Nevada State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 22 votes in the Nevada State Assembly and 11 votes in the Nevada State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.

See also


External links

Footnotes