North Carolina Natural Gas Facilities Bonds Referendum (1998)
| North Carolina Natural Gas Facilities Bonds Referendum | |
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| Election date |
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| Topic Bond issues and Fossil fuel energy |
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| Type Bond issue |
Origin |
North Carolina Natural Gas Facilities Bonds Referendum was on the ballot as a bond issue in North Carolina on November 3, 1998. It was approved.
A "yes" vote supported issuing $200 million in bonds to fund the construction of natural gas facilities. |
A "no" vote opposed issuing $200 million in bonds to fund the construction of natural gas facilities. |
Election results
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North Carolina Natural Gas Facilities Bonds Referendum |
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| Result | Votes | Percentage | ||
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861,672 | 51.07% | ||
| No | 825,696 | 48.93% | ||
Text of measure
Ballot title
The ballot title for Natural Gas Facilities Bonds Referendum was as follows:
| “ | The issuance of two hundred million dollars ($200,000,000) State of North Carolina Natural Gas Bonds constituting general obligation bonds of the State secured by a pledge of the faith and credit and taxing power of the State for the purpose of providing funds, with any other available funds, to provide grants, loans, or other financing to public or private entities for construction of natural gas facilities in order to facilitate the expansion of natural gas facilities to unserved portions of the State. [ ] FOR [ ] AGAINST | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
The North Carolina State Legislature can refer statewide ballot measures, in the form of constitutional amendments and bond issues, to the ballot for statewide elections.
North Carolina requires a 60% vote in each legislative chamber during a single legislative session to refer a constitutional amendment to the ballot. That amounts to a minimum of 72 votes in the North Carolina House of Representatives and 30 votes in the North Carolina Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.
Statutes, including bond issues, require a simple majority vote in each legislative chamber during one legislative session and the governor's signature to appear on the ballot.
See also
External links
Footnotes
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