New York Proposition 1, Mass Transportation Development Bond Measure (1967)
| New York Proposition 1 | |
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| Election date |
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| Topic Bond issues and Highways and bridges |
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| Status |
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| Type Bond issue |
Origin |
New York Proposition 1 was on the ballot as a bond issue in New York on November 7, 1967. It was approved.
A “yes” vote supported issuing $2.5 billion in bonds for the development of state highways, mass transit, and airport facilities. |
A “no” vote opposed issuing $2.5 billion in bonds for the development of state highways, mass transit, and airport facilities. |
Election results
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New York Proposition 1 |
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| Result | Votes | Percentage | ||
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2,795,577 | 58.22% | ||
| No | 2,006,318 | 41.78% | ||
Text of measure
Ballot title
The ballot title for Proposition 1 was as follows:
| “ | Shall chapter 715 of the laws of nineteen hundred sixty‑seven, known as the Transportation Capital Facilities Bond Act, authorizing the creation of a state debt in the amount of two billion five hundred million dollars to provide monies for the acquisition, construction, reconstruction and improvement of certain highway, mass transportation, airport and aviation facilities and equipment, be approved? | ” |
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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