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Ohio Authorization of Industrial Development Revenue Bonds for Preservation Amendment (1974)

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Ohio Authorization of Industrial Development Revenue Bonds for Preservation Amendment

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Election date

November 5, 1974

Topic
Bond issues and Public economic investment policy
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



Ohio Authorization of Industrial Development Revenue Bonds for Preservation Amendment was on the ballot as a legislatively referred constitutional amendment in Ohio on November 5, 1974. It was approved.

A "yes" vote supported authorizing public industrial development revenue bonds for the preservation of existing jobs, environmental sustainability, and electric and gas utility services.

A "no" vote opposed authorizing public industrial development revenue bonds for the preservation of existing jobs, environmental sustainability, and electric and gas utility services.


Election results

Ohio Authorization of Industrial Development Revenue Bonds for Preservation Amendment

Result Votes Percentage

Approved Yes

1,613,444 64.64%
No 882,778 35.36%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Authorization of Industrial Development Revenue Bonds for Preservation Amendment was as follows:

To include the following among the purposes for which public industrial development revenue bonds may be issued and loan guarantee programs undertaken, without obligating or pledging moneys raised by taxation:

  1. The preservation of existing jobs;
  2. The control of air, water and thermal pollution;
  3. The disposal of solid waste; and
  4. The construction of electric and gas utility services facilities for pollution control or solid waste disposal.

Shall the proposed amendment be adopted?


Path to the ballot

See also: Amending the Ohio Constitution

A 60% vote is required during one legislative session for the Ohio State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 60 votes in the Ohio House of Representatives and 20 votes in the Ohio State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.

See also


External links

Footnotes