North Carolina Sinking Fund Amendment (1924)

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North Carolina Sinking Fund Amendment

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Election date

November 4, 1924

Topic
State and local government budgets, spending, and finance
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



North Carolina Sinking Fund Amendment was on the ballot as a legislatively referred constitutional amendment in North Carolina on November 4, 1924. It was approved.

A "yes" vote supported prohibiting the use of sinking funds except for bond retirement.

A "no" vote opposed prohibiting the use of sinking funds except for bond retirement.


Election results

North Carolina Sinking Fund Amendment

Result Votes Percentage

Approved Yes

109,434 68.39%
No 50,571 31.61%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Sinking Fund Amendment was as follows:

[ ] For Sinking Fund Amendment

[ ] Against Sinking Fund Amendment

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