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Oregon Measure Nos. 302-303, Credit and Indebtedness for Higher Education Buildings Amendment (1950)
| Oregon Measure Nos. 302-303 | |
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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 |
Oregon Measure Nos. 302-303 was on the ballot as a legislatively referred constitutional amendment in Oregon on November 7, 1950. It was approved.
A "yes" vote supported authorizing the state to loan credit and incur indebtedness up to 0.75% of the taxable property value to construct, repair and improve, higher education buildings. |
A "no" vote opposed authorizing the state to loan credit and incur indebtedness up to 0.75% of the taxable property value to construct, repair and improve, higher education buildings. |
Election results
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Oregon Measure Nos. 302-303 |
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| Result | Votes | Percentage | ||
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256,895 | 57.16% | ||
| No | 192,573 | 42.84% | ||
Text of measure
Ballot title
The ballot title for Measure Nos. 302-303 was as follows:
| “ | CONSTITUTIONAL AMENDMENT LENDING STATE TAX CREDIT FOR HIGHER EDUCATION BUILDINGS - Purpose: Amending Oregon constitution by adding a new article entitled Article XI-F, authorizing state to loan its credit and incur indebtedness not exceeding at any one time three-fourths of one per cent of assessed valuation of taxable property in state to redeem and refund outstanding revenue bonds issued to finance buildings for higher education; to construct, improve, repair, equip and furnish projects for higher education that appear self-liquidating and self-supporting; and to purchase or improve sites therefor. Authorizing annual ad valorem tax sufficient with revenues, gifts, grants or building fees, to pay indebtedness. Legislature to enact necessary legislation. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
- See also: Amending the Oregon Constitution
A simple majority vote is required during one legislative session for the Oregon State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 31 votes in the Oregon House of Representatives and 16 votes in the Oregon 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 Oregon Salem (capital) |
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