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Virginia Proposed Bond 1, Education Facility Projects Bond Measure (2002)
| Virginia Proposed Bond 1 | |
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| Election date |
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| Topic Bond issues and Education |
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| Status |
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| Type Bond issue |
Origin |
Virginia Proposed Bond 1 was on the ballot as a bond issue in Virginia on November 5, 2002. It was approved.
A “yes” vote supported allowing for the issuance of up to $900,488,645 in bonds for educational facility projects. |
A “no” vote opposed allowing for the issuance of up to $900,488,645 in bonds for educational facility projects. |
Election results
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Virginia Proposed Bond 1 |
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| Result | Votes | Percentage | ||
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1,114,402 | 72.83% | ||
| No | 415,668 | 27.17% | ||
Text of measure
Ballot title
The ballot title for Proposed Bond 1 was as follows:
| “ | Shall Chapters 827 and 859, Acts of the General Assembly of 2002, authorizing the issuance of general obligation bonds of the Commonwealth of Virginia in the maximum amount of $900,488,645 pursuant to Article X, Section 9(b) of the Constitution of Virginia for capital projects for educational facilities, take effect? | ” |
Path to the ballot
In Virginia, voter approval is required for state bond issues addressing capital projects.
A simple majority vote is required during one legislative session for the Virginia General Assembly to place a bond issue on the ballot. That amounts to a minimum of 51 votes in the Virginia House of Delegates and 21 votes in the Virginia State Senate, assuming no vacancies. State bond issues require the governor's signature to be referred to the ballot.
See also
External links
Footnotes
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State of Virginia Richmond (capital) |
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