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New York Proposal 1, Roads and Bridges Construction Bond Measure (1988)
| 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 8, 1988. It was approved.
A “yes” vote supported authorizing $3 billion in state bonds for construction, reconstruction, capacity improvements, replacement, reconditioning, and preservation of highways and bridges. |
A “no” vote opposed authorizing $3 billion in state bonds for construction, reconstruction, capacity improvements, replacement, reconditioning, and preservation of highways and bridges. |
Election results
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New York Proposal 1 |
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| Result | Votes | Percentage | ||
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2,288,705 | 55.35% | ||
| No | 1,846,042 | 44.65% | ||
Text of measure
Ballot title
The ballot title for Proposal 1 was as follows:
| “ | To assure the continued construction, reconstruction, capacity improvement, replacement, reconditioning and preservation of the state’s highways and bridges and of municipal bridges for the benefit of the inhabitants of the state, shall section fifty of chapter two hundred sixty-one of the laws of nineteen hundred eighty-eight, enacting and constituting the “ACCELERATED CAPACITY AND TRANSPORTATION IMPROVEMENTS OF THE NINETIES BOND ACT” authorizing the creation of a state debt in the amount of three billion dollars ($3,000,000,000) 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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