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Ohio Debt Limits for Political Subdivisions Initiative (1922)

From Ballotpedia
Ohio Debt Limits for Political Subdivisions Initiative

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Election date

November 7, 1922

Topic
State and local government budgets, spending, and finance
Status

DefeatedDefeated

Type
Initiated constitutional amendment
Origin

Citizens



Ohio Debt Limits for Political Subdivisions Initiative was on theballot as aninitiated constitutional amendment inOhio onNovember 7, 1922. It wasdefeated.

A“yes” votesupported establishing debt limits for political subdivisions.

A“no” voteopposed establishing debt limits for political subdivisions.


Election results

Ohio Debt Limits for Political Subdivisions Initiative

ResultVotesPercentage
Yes499,20341.93%

DefeatedNo

691,47158.07%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Debt Limits for Political Subdivisions Initiative was as follows:

Article VIII,

Section 13

This proposal provides that:

(1) No indebtedness shall be incurred for current operating expenses or for the acquisition property having an estimated usefulness of less than five years, with certain necessary exceptions of an emergency character.

(2) No funded debt shall run longer than forty years.

(3) No bonds or notes issued for property, or improvements shall run longer than the probable period of usefulness thereof to be fixed by law or estimated as provided by law.

The legislature shall have power to fix the fiscal years of political subdivisions and to fix the maximum maturity of bonds or notes issued for any purpose.


Path to the ballot

See also:Signature requirements for ballot measures in Ohio

Aninitiated constitutional amendment is acitizen-initiated ballot measure that amends astate's constitution. Eighteen (18) states allow citizens to initiate constitutional amendments.

In Ohio, thenumber of signatures required for an initiated constitutional amendment is equal to 10% of the votes cast in the last gubernatorial election. A simple majority vote is required for voter approval.

Ohio also requires initiative sponsors to submit 1,000 signatures with the initial petition application. Ohio has a signaturedistribution requirement, which requires that signatures be gathered from at least 44 of Ohio's 88 counties. Petitioners must gather signatures equal to a minimum of half the total required percentage of the gubernatorial vote in each of the 44 counties. Petitions are allowed to circulate for an indefinite period of time. Signatures are due 125 days prior to the general election that proponents want the initiative on.

See also


Footnotes

External links

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