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New York Amendment 1, Job Development Authority Loan Capacity Amendment (1979)
| New York Amendment 1 | |
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| Election date |
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| Topic Public economic investment policy |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
New York Amendment 1 was on the ballot as a legislatively referred constitutional amendment in New York on November 6, 1979. It was defeated.
A "yes" vote supported increasing the state loan guarantee limit for the Job Development Authority to finance industrial or manufacturing projects. |
A "no" vote opposed increasing the state loan guarantee limit for the Job Development Authority to finance industrial or manufacturing projects. |
Election results
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New York Amendment 1 |
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| Result | Votes | Percentage | ||
| Yes | 1,149,429 | 47.36% | ||
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1,277,476 | 52.64% | ||
Text of measure
Ballot title
The ballot title for Amendment 1 was as follows:
| “ | Shall the proposed amendment to Article X, Section 8 of the Constitution, which would increase from $150,000,000 to $100,000,000 the maximum amount for which the Legislature may make the State liable as guarantor on bonds issued by a public corporation, such as the Job Development Authority, to finance the construction or renovation of industrial or manufacturing plants, be approved? | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
- See also: Amending the New York Constitution
A simple majority vote is required during two successive legislative sessions for the New York State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 126 votes in the New York State Assembly and 32 votes in the New York 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 New York Albany (capital) |
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