Oregon Measure 3, Bonds for Low-Income Elderly Housing Amendment (May 1978)
| Oregon Measure 3 | |
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| Election date |
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| Topic Housing and Public assistance programs |
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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 23, 1978. It was approved.
A "yes" vote supported authorizing general obligation bonds up to one-half of one percent of true cash value of taxable property to fund multifamily housing for low income elderly. |
A "no" vote opposed authorizing general obligation bonds up to one-half of one percent of true cash value of taxable property to fund multifamily housing for low income elderly. |
Election results
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Oregon Measure 3 |
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| Result | Votes | Percentage | ||
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291,778 | 53.78% | ||
| No | 250,810 | 46.22% | ||
Text of measure
Ballot title
The ballot title for Measure 3 was as follows:
| “ | HOUSING FO R LOW INCOME ELDERLY—Purpose: Authorizes general obligation bonds to finance multifamily housing for low income elderly. Such bonds to be issued in amounts not to exceed one-half of one percent of true cash value of taxable property in Oregon. "ESTIMATE OF FINANCIAL EFFECTS: Based on an estimate of Oregon’s 1978 taxable property this constitutional amendment would establish a maximum bonding limitation of $221.2 million to provide for the Housing for Low Income Elderly Fund.” | ” |
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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