Georgia Amendment 8, Seed-Capital Fund Measure (1988)
| Georgia Amendment 8 | |
|---|---|
| |
| Election date | |
| Topic Public economic investment policy andState and local government budgets, spending, and finance | |
| Status
| |
| Type Legislatively referred constitutional amendment | Origin |
Georgia Amendment 8 was on theballot as alegislatively referred constitutional amendment inGeorgia onNovember 8, 1988. It wasapproved.
A "yes" votesupported authorizing the General Assembly to create a Seed-Capital Fund to support small and young entrepreneurial firms in technology, manufacturing, and agriculture through equity and capital investments managed by the Advanced Technology Development Center. |
A "no" voteopposed authorizing the General Assembly to create a Seed-Capital Fund to support small and young entrepreneurial firms in technology, manufacturing, and agriculture through equity and capital investments managed by the Advanced Technology Development Center. |
Election results
Georgia Amendment 8 | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
| 684,883 | 50.39% | ||
| No | 674,250 | 49.61% | ||
- Results are officially certified.
- Source
Text of measure
Ballot title
The ballot title for Amendment 8 was as follows:
| “ | Shall the Constitution be amended so as to authorize the General Assembly to provide by law for the creation of a Seed-Capital Fund from which funds shall be disbursed at the direction of the Advanced Technology Development Center of the University System of Georgia to provide equity and other capital to small, young, entrepreneurial firms engaged in innovative work in the areas of technology, manufacturing, or agriculture and to provide for returns on loans and investments? | ” |
Path to the ballot
- See also:Amending the Georgia Constitution
Atwo-thirds (66.67%) vote is required during one legislative session for theGeorgia State Legislature to place an amendment on the ballot. That amounts to a minimum of 120 votes in theGeorgia House of Representatives and 38 votes in theGeorgia State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.
See also
Footnotes
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- Georgia 1988 ballot measures
- State ballots, 1988
- State Ballot Measure, November 8, 1988
- Approved, 1988
- Approved, November 8, 1988
- Georgia 1988 ballot measures, certified
- Public economic investment policy, Georgia
- Public economic investment policy, 1988
- Certified, public economic investment policy, 1988
- State and local government budgets, spending, and finance, Georgia
- State and local government budgets, spending, and finance, 1988
- Certified, state and local government budgets, spending, and finance, 1988
- Referred amendment certified for the 1988 ballot
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