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New York Proposal 3, School Facility Bond Measure (1997)
| New York Proposal 3 | |
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| Election date |
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| Topic Bond issues and Public education funding |
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| Status |
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| Type Bond issue |
Origin |
New York Proposal 3 was on the ballot as a bond issue in New York on November 4, 1997. It was defeated.
A “yes” vote supported authorizing the state to incur $2.4 billion in debt for school health and safety facility projects. |
A “no” vote opposed authorizing the state to incur $2.4 billion in debt for school health and safety facility projects. |
Election results
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New York Proposal 3 |
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| Result | Votes | Percentage | ||
| Yes | 1,265,150 | 46.93% | ||
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1,430,830 | 53.07% | ||
Text of measure
Ballot title
The ballot title for Proposal 3 was as follows:
| “ | Shall section one of chapter 328 of the laws of 1997 known as the School Facility Health and Safety Bond Act of 1997, which promotes the health and safety of the children of New York and provides for critical projects related to construction, expansion and modernization of public school facilities, by authorizing the creation of state debt to provide moneys therefor in the amount of two billion four hundred million dollars ($2,400,000,000), 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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