Ohio Debt Limits for Political Subdivisions Initiative (1922)
| Ohio Debt Limits for Political Subdivisions Initiative | |
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| Topic State and local government budgets, spending, and finance |
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| Status |
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| Type Initiated constitutional amendment |
Origin |
Ohio Debt Limits for Political Subdivisions Initiative was on the ballot as an initiated constitutional amendment in Ohio on November 7, 1922. It was defeated.
A “yes” vote supported establishing debt limits for political subdivisions. |
A “no” vote opposed establishing debt limits for political subdivisions. |
Election results
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Ohio Debt Limits for Political Subdivisions Initiative |
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| Result | Votes | Percentage | ||
| Yes | 499,203 | 41.93% | ||
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691,471 | 58.07% | ||
Text of measure
Ballot title
The ballot title for Debt Limits for Political Subdivisions Initiative was as follows:
| “ | Article VIII, Section 13 This proposal provides that: (1) No indebtedness shall be incurred for current operating expenses or for the acquisition property having an estimated usefulness of less than five years, with certain necessary exceptions of an emergency character. (2) No funded debt shall run longer than forty years. (3) No bonds or notes issued for property, or improvements shall run longer than the probable period of usefulness thereof to be fixed by law or estimated as provided by law. The legislature shall have power to fix the fiscal years of political subdivisions and to fix the maximum maturity of bonds or notes issued for any purpose. | ” |
Path to the ballot
An initiated constitutional amendment is a citizen-initiated ballot measure that amends a state's constitution. Eighteen (18) states allow citizens to initiate constitutional amendments.
In Ohio, the number of signatures required for an initiated constitutional amendment is equal to 10% of the votes cast in the last gubernatorial election. A simple majority vote is required for voter approval.
Ohio also requires initiative sponsors to submit 1,000 signatures with the initial petition application. Ohio has a signature distribution requirement, which requires that signatures be gathered from at least 44 of Ohio's 88 counties. Petitioners must gather signatures equal to a minimum of half the total required percentage of the gubernatorial vote in each of the 44 counties. Petitions are allowed to circulate for an indefinite period of time. Signatures are due 125 days prior to the general election that proponents want the initiative on.
See also
Footnotes
External links
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State of Ohio Columbus (capital) |
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