Utah Proposition 2, Permit the State to Lend Public Credit Amendment (1974)

Utah Proposition 2
Election date November 5, 1974
Topic Banking policy and Public economic investment policy
Status Defeated
Type Legislatively referred constitutional amendment	Origin State legislature

Utah Proposition 2 was on the ballot as a legislatively referred constitutional amendment in Utah on November 5, 1974. It was defeated.

A "yes" vote supported amending the constitution to allow the state to lend credit to help establish or expand private industry in the state.

A "no" vote opposed amending the constitution to allow the state to lend credit to help establish or expand private industry in the state.

Election results

Utah Proposition 2
Result		Votes	Percentage
Yes		129,833	35.03%
No		240,813	64.97%

Results are officially certified.

Source

Text of measure

Ballot title

The ballot title for Proposition 2 was as follows:

“

Proposition No. 2 LENDING PUBLIC CREDIT Shall Section 29 of Article VI of the State Constitution be amended to permit the state to lend its credit only to aid in the establishment or expansion of private industry within the state.

”

Full Text

The full text of this measure is available here.

Path to the ballot

See also: Amending the Utah Constitution

A two-thirds majority vote in both the legislative chambers vote is required during one legislative session for the Utah State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 50 votes in the Utah House of Representatives and 20 votes in the Utah State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.

See also

1974 Measures

• 1974 Measures
• Public economic investment policy on the ballot
• Banking policy on the ballot
• 1974 legislative sessions

Utah

• Utah ballot measures
• Utah ballot measure laws

News and analysis

• Ballot measure lawsuits
• Ballot measure readability
• Ballot measure polls