Bond issue requirements ballot measures

Voters have decided on bond issue requirements ballot measures across the U.S. As a state ballot measure topic, this includes measures regarding when and how state and local governments can issue bonds, including voter approval, debt limits, repayment terms, restrictions, and provisions that create or limit borrowing authority. The topic is grouped within the budget and tax policy area.

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Bond issue requirements

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Upcoming ballot measures

See also: 2026 ballot measures and 2027 ballot measures

The following is a list of state ballot measures related to this topic that are certified or potential for this year and future elections:

There are no ballot measures related to this topic that have qualified for the ballot.

List of state ballot measures

Click the tabs to view state ballot measures related to this topic, organized by year or state.

Years

States

2024

1. North Dakota Initiated Measure 4, Prohibit Taxes on Assessed Value of Real Property Initiative (2024)

2023

1. Maine Question 1, Voter Approval of Borrowing Above $1 Billion by State Entities and Electric Cooperatives Initiative (2023)
2. Texas Proposition 11, Authorize Bond Issues in Conservation and Reclamation Districts in El Paso County Amendment (2023)

2016

1. Alaska State Government Debt for Postsecondary Student Loans, Ballot Measure 2 (2016)

2012

1. Washington State Debt Amendment, SJR 8221 (2012)

2011

1. Texas County Redevelopment Bond Amendment, Proposition 4 (2011)

2002

1. Missouri Amendment 4, Authorization for Joint Projects and Bond Issuance Measure (2002)

2000

1. Idaho Municipal Bonds, SJR 107 (2000)

1998

1. Missouri Amendment 4, School District Bond Limit Measure (April 1998)
2. Missouri Amendment 6, Sewer Improvement Bonds Measure (1998)

1996

1. Missouri Amendment 2, School District Bond Limit Measure (August 1996)
2. Missouri Amendment 6, Sewage Treatment Plant Bonds and Water Plant Deregulation Measure (1996)
3. Utah Proposition 4, Permit the State to Guarantee School District Debt Amendment (1996)

1994

1. Alaska Measure 5, Voter Approval Requirement for Capital Relocation Bonds Initiative (1994)

1992

1. Colorado Amendment 1, Taxpayer’s Bill of Rights (TABOR) Initiative (1992)
2. Florida Amendment 8, Funding and Bonds for Education Amendment (1992)
3. Georgia Amendment 4, Loans for Waste and Recycling Facilities Amendment (1992)
4. Missouri Amendment 10, St. Louis Bond Issue Approval Requirement Measure (1992)
5. Missouri Amendment 2, Toll Roads and Bridges Construction Measure (1992)
6. Missouri Amendment 5, Earthquake-Proofing Bonds Measure (August 1992)

1990

1. Arizona Proposition 101, Municipal Bonds for Roads Amendment (1990)
2. Missouri Amendment 2, Neighborhood Improvement Districts Measure (August 1990)

1989

1. Texas Proposition 12, School District Bonds Amendment (1989)

1988

1. Florida Amendment 4, Transportation Bonds Amendment (1988)
2. Georgia Amendment 15, Municipal Bonded Indebtedness Measure (1988)
3. Missouri Amendment 4, Required Majority Vote for Bond Approval Measure (August 1988)

1986

1. Missouri Amendment 5, Authority to Issue Public Improvement Bonds Measure (1986)
2. Missouri Amendment 7, Allow Municipalities to Jointly Issue Revenue Bonds Measure (1986)

1985

1. New York Amendment 4, Sinking Fund Bonds Amendment (1985)

1984

1. Arkansas Authorization of Local Governments to Issue Bonds, Proposed Amendment 62 (1984)
2. Florida Amendment 7, General Obligation Bonds Amendment (1984)
3. Georgia Amendment 8, Debt for Library Facilities Measure (1984)
4. Maine Question 5, Deauthorize Bonds After Five Years of Non-Issue Amendment (1984)
5. Missouri Constitutional Amendment 4, Public Improvements Bond Measure (August 1984)
6. North Carolina Agricultural Bonds Agency Amendment (May 1984)

1982

1. Alaska Measure 2, Allow State to Issue General Obligation Bonds for Veterans’ Housing Loans Amendment (1982)
2. Missouri Amendment 11, Four-Sevenths Vote to Issue Bonds Measure (1982)
3. Texas Proposition 6, Max Interest Rates for State Bonds Amendment (1982)

1981

1. Texas Proposition 1, Municipal Development Tax Relief and Bonds Amendment (1981)
2. Texas Proposition 4, Revenues for Water Related Projects Amendment (1981)
3. Washington Initiative 394, Voter Approval for Energy Project Bonds Measure (1981)

1980

1. Kansas Infrastructure, Amendment 1 (1980)

1978

1. Michigan Proposal E, Tax Limitations and Funding Requirements Initiative (1978)
2. Michigan Proposal R, Railroad Redevelopment Authority Amendment (1978)
3. Missouri Amendment 6, County Utility and Airport Bonds Measure (1978)
4. Missouri Amendment 7, Municipal Revenue Bonds Measure (1978)

1976

1. Florida Amendment 4, Community Redevelopment Amendment (1976)
2. Florida Amendment 5, Housing Bonds Amendment (1976)
3. Missouri Amendment 3, County Bonds Measure (August 1976)

1974

1. Arizona Proposition 102, Require Minimum 10% Turnout for Bond and Assessment Elections Amendment (1974)
2. Florida Amendment 2, Transportation Bonds Amendment (1974)
3. Georgia Amendment 7, Revenue Certificate Elections Measure (1974)
4. Missouri Amendment 2, Voter Approval Requirements for Local Government Bonds for Industrial Projects Measure (1974)
5. Utah Proposition 4, Permit the Legislature to Authorize Special Service Districts Amendment (1974)

1971

1. Oklahoma State Question 479, Industrial Development Bond Issuance Requirements Amendment (December 1971)

1970

1. Washington Referendum 22, Public Building Bond Changes Measure (1970)

1968

1. Missouri Amendment 1, Voter Approval of Municipal Bonds Measure (1968)
2. Nebraska Amendment 14, Bonds for Highway Construction Amendment (1968)
3. South Dakota Amendment B, State Debt Limit Measure (1968)
4. Washington SJR 17, State Building Authority Amendment (1968)

1967

1. Alabama Funding Public Works, Amendment 5 (1967)

1963

1. Florida Amendment 2, Bonds for Higher Learning Capital Outlay Amendment (1963)
2. Florida Amendment 3, Indebtedness for Outdoor Recreation and Conservation Amendment (1963)

1962

1. California Proposition 6, State Bond Legislative Ballot Measure Process Amendment (1962)
2. Virginia Question 3, Allow Only Freeholders to Vote in Bond Referendums Amendment (1962)

1961

1. Michigan Aid for Development Amendment (April 1961)

1960

1. Michigan Proposal No. 1, Funding and Taxes for Schools Amendment (1960)

1958

1. Nebraska Amendment 7, Municipal Property for Private Enterprises Amendment (1958)

1955

1. Michigan Proposal 3, State Borrowing for School District Loans and School Bond Repayment Amendment (April 1955)

1952

1. Missouri Amendment 2, School District Debt Limit Measure (1952)

1950

1. Maine Proposed Constitutional Amendment 3, Grant Legislative Power to Issue Bonds Measure (September 1950)

1948

1. Florida Amendment 2, Educational Bonds Amendment (1948)

1943

1. Georgia Amendment 15, Revenue-Anticipation Obligations Debt Exemption Measure (August 1943)

1942

1. Florida Amendment 1, State Board of Administration Amendment (1942)

1940

1. Michigan Proposal 1, School District Property Tax Limit Increase for Buildings Amendment (1940)
2. Texas Proposition 4, Red River County Indebtedness Amendment (1940)

1936

1. Oregon Measure Nos. 312-313, State Development and Distribution of Hydroelectric Power and Creation of Energy Commission Initiative (1936)
2. Washington Initiative 119, Production for Use Districts Measure (1936)

1932

1. Michigan Proposal 7, Limit Voting on Spending and Bond Elections to Property Taxpayers Amendment (1932)
2. Texas Proposition 7, Qualifications to Vote on Bond Issues Amendment (1932)

1931

1. Michigan Outstanding Bonded Indebtedness Amendment (April 1931)

1930

1. Florida State and Local Bonds Amendment (1930)
2. Missouri Proposition 3, Payment of Public Utilities Bonds Measure (1930)

1928

1. Michigan Land for Road Improvements Amendment (1928)

1926

1. Michigan Condemnation of Excess Property for Road Improvements Amendment (1926)

1924

1. Alabama Road Improvement Taxes, Amendment 5 (1924)
2. Missouri Amendment 19, Issuance of Bonds for Constructing Sewers Measure (February 1924)

1922

1. California Proposition 26, School District Amendment (1922)
2. Michigan Excess Condemnation for Public Purposes Amendment (1922)

1920

1. Michigan Condemnation of Excess Property Amendment (1920)
2. Missouri Amendment 3, Allow Large Cities to Increase Bonded Debt for Public Utility Acquisition Measure (1920)

1919

1. Michigan Money for Highway Improvements Amendment (April 1919)

1916

1. California Proposition 7, State Highway Bond Repayment Measure (1916)
2. Nevada State Question 1, Investment of School Funds Amendment (1916)
3. Nevada State Question 2, State Debt Limit Amendment (1916)

1915

1. Michigan Bonds for Drainage Purposes Amendment (April 1915)

1914

1. California Proposition 13, Bond Electors Initiative (1914)
2. California Proposition 15, Public Money Deposits Initiative (1914)
3. California Proposition 17, Panama-Pacific International Exposition Bond Measure (1914)
4. California Proposition 42, Payment of Bonds and Interest Amendment (1914)
5. Michigan Bonds for Drains and Agricultural Lands Amendment (1914)
6. Michigan Bonds for Public Wagon Roads Amendment (1914)
7. Missouri Amendment 15, Taxes and Bonds Petitions for Road Maintenance Initiative (1914)
8. North Carolina Amendment 7, Taxation and Revenue Article Revision Amendment (1914)

1912

1. California Proposition 2, Irrigation District Bond Securities Rules Amendment (1912)

1910

1. California Amendment 33, Authorizing San Francisco Charter Amendments for Panama Exposition Measure (1910)
2. Michigan Increase Bonded Indebtedness for Certain Counties Amendment (1910)

1896

1. Colorado Bonds for Public Building Construction Amendment (1896)

1894

1. Colorado City Debt Limits Amendment (1894)
2. Colorado Prohibit State Debt to Private Entities Amendment (1894)
3. Colorado Public Debt Limits Amendment (1894)

1893

1. Michigan Authorize Grand Rapids to Issue Bonds for Grand River Navigation Improvements Amendment (April 1893)

1888

1. Colorado Debt and Bond Limitations Amendment (1888)
2. Colorado State Debt Purposes Amendment (1888)
3. Colorado State and County Debt Limitations Amendment (1888)

1880

1. North Carolina Restrict State Assumption of 1868-1870 Debt Amendment (1880)

1872

1. Minnesota Amendment 3, Restrict Issuance of Railroad Bonds Measure (1872)

1858

1. Minnesota Amendment 1, Authorizing Railroad Bonds Measure (April 1858)

Alabama

1. Alabama Funding Public Works, Amendment 5 (1967)
2. Alabama Road Improvement Taxes, Amendment 5 (1924)

Alaska

1. Alaska Measure 2, Allow State to Issue General Obligation Bonds for Veterans’ Housing Loans Amendment (1982)
2. Alaska Measure 5, Voter Approval Requirement for Capital Relocation Bonds Initiative (1994)
3. Alaska State Government Debt for Postsecondary Student Loans, Ballot Measure 2 (2016)

Arizona

1. Arizona Proposition 101, Municipal Bonds for Roads Amendment (1990)
2. Arizona Proposition 102, Require Minimum 10% Turnout for Bond and Assessment Elections Amendment (1974)

Arkansas

1. Arkansas Authorization of Local Governments to Issue Bonds, Proposed Amendment 62 (1984)

California

1. California Amendment 33, Authorizing San Francisco Charter Amendments for Panama Exposition Measure (1910)
2. California Proposition 13, Bond Electors Initiative (1914)
3. California Proposition 15, Public Money Deposits Initiative (1914)
4. California Proposition 17, Panama-Pacific International Exposition Bond Measure (1914)
5. California Proposition 2, Irrigation District Bond Securities Rules Amendment (1912)
6. California Proposition 26, School District Amendment (1922)
7. California Proposition 42, Payment of Bonds and Interest Amendment (1914)
8. California Proposition 6, State Bond Legislative Ballot Measure Process Amendment (1962)
9. California Proposition 7, State Highway Bond Repayment Measure (1916)

Colorado

1. Colorado Amendment 1, Taxpayer’s Bill of Rights (TABOR) Initiative (1992)
2. Colorado Bonds for Public Building Construction Amendment (1896)
3. Colorado City Debt Limits Amendment (1894)
4. Colorado Debt and Bond Limitations Amendment (1888)
5. Colorado Prohibit State Debt to Private Entities Amendment (1894)
6. Colorado Public Debt Limits Amendment (1894)
7. Colorado State Debt Purposes Amendment (1888)
8. Colorado State and County Debt Limitations Amendment (1888)

Florida

1. Florida Amendment 1, State Board of Administration Amendment (1942)
2. Florida Amendment 2, Bonds for Higher Learning Capital Outlay Amendment (1963)
3. Florida Amendment 2, Educational Bonds Amendment (1948)
4. Florida Amendment 2, Transportation Bonds Amendment (1974)
5. Florida Amendment 3, Indebtedness for Outdoor Recreation and Conservation Amendment (1963)
6. Florida Amendment 4, Community Redevelopment Amendment (1976)
7. Florida Amendment 4, Transportation Bonds Amendment (1988)
8. Florida Amendment 5, Housing Bonds Amendment (1976)
9. Florida Amendment 7, General Obligation Bonds Amendment (1984)
10. Florida Amendment 8, Funding and Bonds for Education Amendment (1992)
11. Florida State and Local Bonds Amendment (1930)

Georgia

1. Georgia Amendment 15, Municipal Bonded Indebtedness Measure (1988)
2. Georgia Amendment 15, Revenue-Anticipation Obligations Debt Exemption Measure (August 1943)
3. Georgia Amendment 4, Loans for Waste and Recycling Facilities Amendment (1992)
4. Georgia Amendment 7, Revenue Certificate Elections Measure (1974)
5. Georgia Amendment 8, Debt for Library Facilities Measure (1984)

Idaho

1. Idaho Municipal Bonds, SJR 107 (2000)

Kansas

1. Kansas Infrastructure, Amendment 1 (1980)

Maine

1. Maine Proposed Constitutional Amendment 3, Grant Legislative Power to Issue Bonds Measure (September 1950)
2. Maine Question 1, Voter Approval of Borrowing Above $1 Billion by State Entities and Electric Cooperatives Initiative (2023)
3. Maine Question 5, Deauthorize Bonds After Five Years of Non-Issue Amendment (1984)

Michigan

1. Michigan Aid for Development Amendment (April 1961)
2. Michigan Authorize Grand Rapids to Issue Bonds for Grand River Navigation Improvements Amendment (April 1893)
3. Michigan Bonds for Drainage Purposes Amendment (April 1915)
4. Michigan Bonds for Drains and Agricultural Lands Amendment (1914)
5. Michigan Bonds for Public Wagon Roads Amendment (1914)
6. Michigan Condemnation of Excess Property Amendment (1920)
7. Michigan Condemnation of Excess Property for Road Improvements Amendment (1926)
8. Michigan Excess Condemnation for Public Purposes Amendment (1922)
9. Michigan Increase Bonded Indebtedness for Certain Counties Amendment (1910)
10. Michigan Land for Road Improvements Amendment (1928)
11. Michigan Money for Highway Improvements Amendment (April 1919)
12. Michigan Outstanding Bonded Indebtedness Amendment (April 1931)
13. Michigan Proposal 1, School District Property Tax Limit Increase for Buildings Amendment (1940)
14. Michigan Proposal 3, State Borrowing for School District Loans and School Bond Repayment Amendment (April 1955)
15. Michigan Proposal 7, Limit Voting on Spending and Bond Elections to Property Taxpayers Amendment (1932)
16. Michigan Proposal E, Tax Limitations and Funding Requirements Initiative (1978)
17. Michigan Proposal No. 1, Funding and Taxes for Schools Amendment (1960)
18. Michigan Proposal R, Railroad Redevelopment Authority Amendment (1978)

Minnesota

1. Minnesota Amendment 1, Authorizing Railroad Bonds Measure (April 1858)
2. Minnesota Amendment 3, Restrict Issuance of Railroad Bonds Measure (1872)

Missouri

1. Missouri Amendment 1, Voter Approval of Municipal Bonds Measure (1968)
2. Missouri Amendment 10, St. Louis Bond Issue Approval Requirement Measure (1992)
3. Missouri Amendment 11, Four-Sevenths Vote to Issue Bonds Measure (1982)
4. Missouri Amendment 15, Taxes and Bonds Petitions for Road Maintenance Initiative (1914)
5. Missouri Amendment 19, Issuance of Bonds for Constructing Sewers Measure (February 1924)
6. Missouri Amendment 2, Neighborhood Improvement Districts Measure (August 1990)
7. Missouri Amendment 2, School District Bond Limit Measure (August 1996)
8. Missouri Amendment 2, School District Debt Limit Measure (1952)
9. Missouri Amendment 2, Toll Roads and Bridges Construction Measure (1992)
10. Missouri Amendment 2, Voter Approval Requirements for Local Government Bonds for Industrial Projects Measure (1974)
11. Missouri Amendment 3, Allow Large Cities to Increase Bonded Debt for Public Utility Acquisition Measure (1920)
12. Missouri Amendment 3, County Bonds Measure (August 1976)
13. Missouri Amendment 4, Authorization for Joint Projects and Bond Issuance Measure (2002)
14. Missouri Amendment 4, Required Majority Vote for Bond Approval Measure (August 1988)
15. Missouri Amendment 4, School District Bond Limit Measure (April 1998)
16. Missouri Amendment 5, Authority to Issue Public Improvement Bonds Measure (1986)
17. Missouri Amendment 5, Earthquake-Proofing Bonds Measure (August 1992)
18. Missouri Amendment 6, County Utility and Airport Bonds Measure (1978)
19. Missouri Amendment 6, Sewage Treatment Plant Bonds and Water Plant Deregulation Measure (1996)
20. Missouri Amendment 6, Sewer Improvement Bonds Measure (1998)
21. Missouri Amendment 7, Allow Municipalities to Jointly Issue Revenue Bonds Measure (1986)
22. Missouri Amendment 7, Municipal Revenue Bonds Measure (1978)
23. Missouri Constitutional Amendment 4, Public Improvements Bond Measure (August 1984)
24. Missouri Proposition 3, Payment of Public Utilities Bonds Measure (1930)

Nebraska

1. Nebraska Amendment 14, Bonds for Highway Construction Amendment (1968)
2. Nebraska Amendment 7, Municipal Property for Private Enterprises Amendment (1958)

Nevada

1. Nevada State Question 1, Investment of School Funds Amendment (1916)
2. Nevada State Question 2, State Debt Limit Amendment (1916)

New York

1. New York Amendment 4, Sinking Fund Bonds Amendment (1985)

North Carolina

1. North Carolina Agricultural Bonds Agency Amendment (May 1984)
2. North Carolina Amendment 7, Taxation and Revenue Article Revision Amendment (1914)
3. North Carolina Restrict State Assumption of 1868-1870 Debt Amendment (1880)

North Dakota

1. North Dakota Initiated Measure 4, Prohibit Taxes on Assessed Value of Real Property Initiative (2024)

Oklahoma

1. Oklahoma State Question 479, Industrial Development Bond Issuance Requirements Amendment (December 1971)

Oregon

1. Oregon Measure Nos. 312-313, State Development and Distribution of Hydroelectric Power and Creation of Energy Commission Initiative (1936)

South Dakota

1. South Dakota Amendment B, State Debt Limit Measure (1968)

Texas

1. Texas County Redevelopment Bond Amendment, Proposition 4 (2011)
2. Texas Proposition 1, Municipal Development Tax Relief and Bonds Amendment (1981)
3. Texas Proposition 11, Authorize Bond Issues in Conservation and Reclamation Districts in El Paso County Amendment (2023)
4. Texas Proposition 12, School District Bonds Amendment (1989)
5. Texas Proposition 4, Red River County Indebtedness Amendment (1940)
6. Texas Proposition 4, Revenues for Water Related Projects Amendment (1981)
7. Texas Proposition 6, Max Interest Rates for State Bonds Amendment (1982)
8. Texas Proposition 7, Qualifications to Vote on Bond Issues Amendment (1932)

Utah

1. Utah Proposition 4, Permit the Legislature to Authorize Special Service Districts Amendment (1974)
2. Utah Proposition 4, Permit the State to Guarantee School District Debt Amendment (1996)

Virginia

1. Virginia Question 3, Allow Only Freeholders to Vote in Bond Referendums Amendment (1962)

Washington

1. Washington Initiative 119, Production for Use Districts Measure (1936)
2. Washington Initiative 394, Voter Approval for Energy Project Bonds Measure (1981)
3. Washington Referendum 22, Public Building Bond Changes Measure (1970)
4. Washington SJR 17, State Building Authority Amendment (1968)
5. Washington State Debt Amendment, SJR 8221 (2012)

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