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Ohio Issuance of Development Bonds Amendment (May 1965)
| Ohio Issuance of Development Bonds Amendment | |
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| Election date |
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| Topic Bond issues and Public economic investment policy |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Ohio Issuance of Development Bonds Amendment was on the ballot as a legislatively referred constitutional amendment in Ohio on May 4, 1965. It was approved.
A "yes" vote supported authorizing the state to borrow up to $290,000,000 and issue state bonds for development purposes until December 31, 1970. |
A "no" vote opposed authorizing the state to borrow up to $290,000,000 and issue state bonds for development purposes until December 31, 1970. |
Election results
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Ohio Issuance of Development Bonds Amendment |
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| Result | Votes | Percentage | ||
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715,642 | 56.61% | ||
| No | 548,557 | 43.39% | ||
Text of measure
Ballot title
The ballot title for Issuance of Development Bonds Amendment was as follows:
| “ | Shall Article VIII of the Constitution of the state of Ohio be amended by adding thereto Section 2h to authorize the state to borrow not to exceed $290,000,000 and issue bonds of the state until December 31, 1970, payable from general revenues of the state for industrial development, capital improvements, natural resources, and educational facilities, provided the aggregate charges for payment of principal and interest on such bonds may not exceed $20,000,000 in any calendar year? | ” |
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
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State of Ohio Columbus (capital) |
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