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Ohio Funds for Industrial Development Amendment (May 1965)

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Ohio Funds for Industrial Development Amendment

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Election date

May 4, 1965

Topic
Public economic investment policy
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



Ohio Funds for Industrial Development Amendment was on the ballot as a legislatively referred constitutional amendment in Ohio on May 4, 1965. It was approved.

A “yes” vote supported guaranteeing funds for industrial development.

A “no” vote opposed guaranteeing funds for industrial development.


Election results

Ohio Funds for Industrial Development Amendment

Result Votes Percentage

Approved Yes

711,031 56.71%
No 542,802 43.29%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Funds for Industrial Development Amendment was as follows:

Proposing to amend Article VIII of the Constitution of the State of Ohio by adding Section 13 to provide that to create jobs and employment opportunities and improve the economic welfare of the people. It is in the public interest and a proper public purpose for the State and other designated agencies of the State to acquire, construct, enlarge, improve or equip, and to sell, lease, exchange and otherwise dispose of property, structures, equipment and facilities for Industry, commerce, distribution and research: to make and guarantee loans, and to borrow money and Issue bonds or other obligations, to provide moneys for such purposes; to exclude the application of certain sections of Article VIII and Article XII; to authorize laws to carry such purposes into effect: to provide that moneys raised by taxation shall not be obligated or pledged; to provide that no guarantees, loans or lending of aid or credit shall be made under laws enacted pursuant to or validated by such amendment for facilities to be constructed for the purpose of providing electric or gas utility service to the public; to authorize corporations to lend or contribute moneys and to validate certain laws enacted by the 105th General Assembly.


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


Footnotes

External links