Oregon Measure 1, Loan Eligibility of Veterans Amendment (1968)
| Oregon Measure 1 | |
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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 1 was on the ballot as a legislatively referred constitutional amendment in Oregon on November 5, 1968. It was approved.
A "yes" vote supported authorizing state farm and home loans to veterans who had 210 days of active duty service, 90 days of service during war dates, or were discharged due to a disability. |
A "no" vote opposed authorizing state farm and home loans to veterans who had 210 days of active duty service, 90 days of service during war dates, or were discharged due to a disability. |
Election results
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Oregon Measure 1 |
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| Result | Votes | Percentage | ||
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651,250 | 87.15% | ||
| No | 96,065 | 12.85% | ||
Text of measure
Ballot title
The ballot title for Measure 1 was as follows:
| “ | CONSTITUTIONAL AMENDMENT BROADENING VETERANS LOAN ELIGIBILITY - Purpose: Article XI-A amended authorizing farm and home loans to Oregon Veterans with 210 days of active duty service, part of which service occurred after January 31, 1955, or discharged for disability. Application to be made within 20 years after leaving service. World War II and Korean veterans qualify where part of 90 day service occur within war dates. “ESTIMATE OF FINANCIAL EFFECTS: An estimated 60,000 additional Veterans would be made eligible for Oregon Veterans' farm and home loans upon passage of this amendment, and an approximate 9,000 each year thereafter. To meet the loan needs of this new group, additional bonds would have to be sold in the amount of $3,500,000 prior to June 30, 1969, and $10,000,000 for the following two-year period. This money, plus interest, would be repaid by the Veteran borrowers, so there would be no cost to the State or the taxpayers.” | ” |
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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