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New York Amendment 2, City Debt Limit Amendment (1927)

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New York Amendment 2

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Election date

November 8, 1927

Topic
Debt limits and Railways
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



New York Amendment 2 was on the ballot as a legislatively referred constitutional amendment in New York on November 8, 1927. It was approved.

A "yes" vote supported permitting the City of New York to incur a debt of no more than 200 million for the construction of and equipment for new rapid transit railroads. 

A "no" vote opposed permitting the City of New York to incur a debt of no more than 200 million for the construction of and equipment for new rapid transit railroads. 


Election results

New York Amendment 2

Result Votes Percentage

Approved Yes

961,632 54.59%
No 799,867 45.41%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Amendment 2 was as follows:

Shall the proposed amendment to the Constitution excluding all water debts in computing the debit limit of cities generally, excluding certain other debts in computing the debt limit of cities of certain classes, and in particulars permitting the City of New York to incur debts not exceeding $300,000,000 for the construction or equipment, or both, of new rapid transit railroads, such debts to be excluded in computing its borrowing power, be approved?


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