Oregon Measure 3, Increase Debt Limitation for Veterans' Loans Amendment (May 1977)
| Oregon Measure 3 | |
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| Election date |
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| Topic State and local government budgets, spending, and finance and Veterans policy |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Oregon Measure 3 was on the ballot as a legislatively referred constitutional amendment in Oregon on May 17, 1977. It was approved.
A "yes" vote supported increasingx the debt limitation for the issuance of bonds for veterans’ farm and home loans from six percent to eight percent of the true cash value of property within the state. |
A "no" vote opposed increasing the debt limitation for the issuance of bonds for veterans’ farm and home loans from six percent to eight percent of the true cash value of property within the state. |
Election results
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Oregon Measure 3 |
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| Result | Votes | Percentage | ||
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250,783 | 70.10% | ||
| No | 106,953 | 29.90% | ||
Text of measure
Ballot title
The ballot title for Measure 3 was as follows:
| “ | AUTHORIZES ADDITIONAL VETERANS’ FUND USES Purpose: Proposed constitutional amendment increases the authorized debt limitation of the state, for the issuance of bonds whose proceeds are to be used for veterans’ farm and home acquisition loans, from six percent to eight percent of the true cash value of property in the state. | ” |
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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