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Ohio Bonds for Public Schools and Higher Education Institutions Amendment (1999)

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Ohio Bonds for Public Schools and Higher Education Institutions Amendment

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Election date

November 2, 1999

Topic
Bond issues and Education
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



Ohio Bonds for Public Schools and Higher Education Institutions Amendment was on the ballot as a legislatively referred constitutional amendment in Ohio on November 2, 1999. It was approved.

A "yes" vote supported authorizing the issuance of bonds to finance construction, renovation, and repair of public schools and state-supported higher education institutions.

A "no" vote opposed authorizing the issuance of bonds to finance construction, renovation and repair of public schools and state-supported higher education institutions.


Election results

Ohio Bonds for Public Schools and Higher Education Institutions Amendment

Result Votes Percentage

Approved Yes

1,303,830 60.81%
No 840,240 39.19%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Bonds for Public Schools and Higher Education Institutions Amendment was as follows:

To adopt Sections 2(n) and 17 of Article VIII of the constitution of the state of Ohio

This proposed amendment would:

  1. Authorize the state to issue bonds and other obligations in order to pay costs of facilities for a system of common schools throughout the state and for state-supported and state assisted institutions of higher education, including costs of acquisition, construction, improvement, expansion, planning and equipping facilities.
  2. Provide that these obligations will be general obligations of the state, backed by the full faith and credit, revenue and taxing power of the state.
  3. Provide that direct obligations of the state, including obligations referred to above, may not be issued if the amount required for future fiscal year payment of debt service on state direct obligations to be paid from the state general revenue fund or net lottery proceeds would exceed five per cent of the total estimated revenues of the state for the general revenue fund and from net lottery proceeds during the fiscal year in which the particular obligations are to be issued. An affirmative vote of at least three-fifths of the members of each house of the general assembly may waive the five per cent limitation as to a particular issue or amount.
  4. Provide that net state lottery proceeds may be pledged or used for payment of debt service on obligations issued to pay costs of facilities for a system of common schools, but not on obligations issued to pay costs of facilities for higher educational institutions.
  5. Provide that the general assembly shall provide by law for computing the amounts required for payment of debt service, and may provide for estimating payments of debt service on bonds anticipated by notes. The certification of the governor or the governor’s representative of the fiscal year amounts required to be applied or set aside for payment of debt service and related obligations, relevant total estimated revenues, and other fiscal matters shall be conclusive for the purpose of the validity of any obligations issued.

If adopted, this amendment shall take immediate effect.

A majority yes vote is necessary for passage.

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