New York Proposition 2, Subsidies for Public Housing Projects Bond Measure (1947)
| New York Proposition 2 | |
|---|---|
| Election date |
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| Topic Housing development funding |
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| Status |
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| Type Bond issue |
Origin |
New York Proposition 2 was on the ballot as a bond issue in New York on November 4, 1947. It was approved.
A "yes" vote supported increasing aggregate payments for subsidies for public housing projects from $9 million to $13 million. |
A "no" vote opposed increasing aggregate payments for subsidies for public housing projects from $9 million to $13 million. |
Election results
|
New York Proposition 2 |
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|---|---|---|---|---|
| Result | Votes | Percentage | ||
| 1,439,187 | 69.65% | |||
| No | 627,198 | 30.35% | ||
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- Results are officially certified.
- Source
Text of measure
Ballot title
The ballot title for Proposition 2 was as follows:
| “ | Shall chapter six hundred and nineteen of the laws of the ninteen hundred forty-seven, entiled "An act to amend the public housing law, in relation to state subsidies, by providing that there shall not be outstanding at any one time contracts for periodic subsidies requiring payments in any one year exceeding an aggregate of thirteen million dollars instead of the present maximum of nine million dollars, and providing for the submission to the people of a proposition or question therefore 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