Ohio Indebtedness Limitations for Political Subdivisions Amendment (1925)
| Ohio Indebtedness Limitations for Political Subdivisions Amendment | |
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| Election date |
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| Topic State and local government budgets, spending, and finance |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Ohio Indebtedness Limitations for Political Subdivisions Amendment was on the ballot as a legislatively referred constitutional amendment in Ohio on November 3, 1925. It was defeated.
A “yes” vote supported placing restrictions on the incurring of indebtedness by political subdivisions. |
A “no” vote opposed placing restrictions on the incurring of indebtedness by political subdivisions. |
Election results
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Ohio Indebtedness Limitations for Political Subdivisions Amendment |
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| Result | Votes | Percentage | ||
| Yes | 450,218 | 45.69% | ||
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535,251 | 54.31% | ||
Text of measure
Ballot title
The ballot title for Indebtedness Limitations for Political Subdivisions Amendment was as follows:
| “ | Article VIII, Section 13 Proposing to Amendment Article VIII of the constitutuion of the state of Ohio by the addition of a new section to be designated as Article VIII, Section 13 relative to the incurring of indebtedness by political subdivisions. Sec. 13. No bonds, notes certificates of indebtedness or other evidence of indebtedness shall be issued by any county, school district, township, municipal corporation or other political subdivision or taxing district for current operating expense, or for the acquisition or construction of any property or improvement having an estimated usefulness of less than five years; but laws may be passed authorizing borrowing for a period not exceeding six months in anticipation of the collection of revenue in and for the current fiscal year in which such indebtedness is incurred, or authorizing indebtedness in anticipation of the levy or collection of special assessments or for defray the expenses of an extraordinary epidemic of disease or emergency expense made necessary by sudden casualty which could not reasonably have been foreseen, or to provide for the payment of final judgments for personal injuries or other non-contractual obligations. No bonds or notes issued for the acquisition or construction of property or improvements shall run for longer than the probable period of usefulness of such property or improvements, to be estimated or determined as provided by laws fixing maximum maturities herein authorized. Laws shall be passed to fix the fiscal years of political subdivisions and taxing districts and to designate the boarder officers by whom and manner in which the estimates as to the period of usefulness of property or improvement shall be made and certified. Within the limitations of this section laws may be passed fixing the maximum maturity of bonds or notes issued for any purposes or class of purposes. | ” |
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
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