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New York Proposition 1, Slum-Clearance and Public Housing Bond Measure (1947)
| New York Proposition 1 | |
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| Election date |
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| Topic Bond issues and Housing development funding |
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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 4, 1947. It was approved.
A "yes" vote supported issuing a $135 million bond for slum clearance and public housing. |
A "no" vote opposed issuing a $135 million bond for slum clearance and public housing. |
Election results
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New York Proposition 1 |
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| Result | Votes | Percentage | ||
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1,515,403 | 70.51% | ||
| No | 633,868 | 29.49% | ||
Text of measure
Ballot title
The ballot title for Proposition 1 was as follows:
| “ | Shall chapter six hundred and eighteen of the laws of ninteen hundred forty-seven, entitled "An act authorizing the creation of an additiona lstate debt in the aggregate amount of one hundred thirty-five million dollars for slum clearance and low rent housing purposes under and pursuant to article eighteen of the constitution, providing for the issuance and sale of bonds to said amount, providing for loans to be made from the proceeds thereof pursuant to such article, making an appropriation to the division of housing in the executive department, and providing for the submission to the people of a proposition or question therefor to be voted upon at the general election to be held in November, nineteen hundred forty-seven," 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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