New York Proposal 1, Transportation Infrastructure Bond Measure (2000)
| New York Proposal 1 | |
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| Election date |
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| Topic Bond issues and Public transportation |
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| Status |
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| Type Bond issue |
Origin |
New York Proposal 1 was on the ballot as a bond issue in New York on November 7, 2000. It was defeated.
A “yes” vote supported authorizing up to $3.8 billion in state bonds to fund improvements, preservation, and restoration of transportation infrastructure. |
A “no” vote opposed authorizing up to $3.8 billion in state bonds to fund improvements, preservation, and restoration of transportation infrastructure. |
Election results
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New York Proposal 1 |
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| Result | Votes | Percentage | ||
| Yes | 1,589,091 | 47.55% | ||
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1,752,700 | 52.45% | ||
Text of measure
Ballot title
The ballot title for Proposal 1 was as follows:
| “ | Shall chapter 58 of the Laws of 2000, known as the Transportation Infrastructure Bond Act of 2000, authorizing the creation of state debt in the amount up to three billion eight hundred million dollars ($3,800,000,000) to provide moneys for the improvement, enhancement, preservation and restoration of the quality of the state’s transportation infrastructure, including the state’s highways, bridges, canals, ports, airports, rail and transit systems, be approved? | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
According to Section 11 of Article VII of the New York Constitution, the state's general obligation bonds require voter approval, except for certain short-term debts; debts to "repel invasion, suppress insurrection, or defend the state in war;" and debts to suppress wildfires.
A simple majority vote is required during one legislative session for the New York State Legislature to place a bond issue 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. Bonds 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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