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Oregon Measure Nos. 302-303, Repeal of Rural Credits Loan Fund Amendment (1942)

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Oregon Measure Nos. 302-303

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Election date

November 3, 1942

Topic
Public assistance programs
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



Oregon Measure Nos. 302-303 was on the ballot as a legislatively referred constitutional amendment in Oregon on November 3, 1942. It was approved.

A "yes" vote supported repealing the "Rural Credits Loan Fund," which provided loans funded by bond sales to farmers and others living in rural areas.

A "no" vote opposed repealing the "Rural Credits Loan Fund," which provided loans funded by bond sales to farmers and others living in rural areas.


Election results

Oregon Measure Nos. 302-303

Result Votes Percentage

Approved Yes

101,425 53.30%
No 88,857 46.70%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Measure Nos. 302-303 was as follows:

RURAL CREDITS LOAN FUND REPEAL AMENDMENT - Purpose: Constitutional amendment repealing Article XI-A, Oregon Constitution, which provides for issuance and sale of state bonds, the proceeds therefrom to be known as the “Rural Credits Loan Fund,” to be loaned on farm mortgages; transferring the assets of said rural credits loan fund, after paying outstanding bonds issued pursuant to said Article XI-A, to be irreducible school fund.
Vote YES or NO

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