New York Proposition 3, Subsidies for Urban Renewal Bond Measure (1965)
| New York Proposition 3 | |
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| Election date |
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| Topic Bond issues and Housing assistance programs |
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| Status |
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| Type Bond issue |
Origin |
New York Proposition 3 was on the ballot as a bond issue in New York on November 2, 1965. It was defeated.
A "yes" vote supported increasing the maximum aggregate amount of state subsidies for low-rent housing and urban renewal purposes by $13.5 million. |
A "no" vote opposed increasing the maximum aggregate amount of state subsidies for low-rent housing and urban renewal purposes by $13.5 million |
Election results
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New York Proposition 3 |
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| Result | Votes | Percentage | ||
| Yes | 1,139,715 | 34.88% | ||
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2,127,721 | 65.12% | ||
Text of measure
Ballot title
The ballot title for Proposition 3 was as follows:
| “ | Shall chapter one thousand seventy-two of the laws of nineteen hundred sixty-five entitled "An act to amend the public housing law, in relation to state subsidies, increasing by thirteen million five hundred thousand dollars the maximum aggregate amount of state subsidies for the payment of which, in any one year, contracts may be outstanding for low rent housing and urban renewal purpose," 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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State of New York Albany (capital) |
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