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   Proposition 3-Economic Development Programs Do Not Constitute A Debt

ELECTION INFORMATION

Container

Constitutional Amendments

Race Type

Referendum

Filing Deadline

6/1/2000 12:00 pm

Polls Open

11/7/2000 6:00 am

Polls Close

11/7/2000 11:00 pm

Term Starts

3/4/2001 12:00 pm

Term Ends

3/4/2005 12:00 pm

Database Record

Posted 11/8/2005, Updated 11/8/2005

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NARRATIVE

HJR 80 would provide that local economic development program loans or grants (other than debts secured by a pledge of ad valorem taxes or financed by the issuance of any bonds or other obligations payable from ad valorem taxes) do not constitute or create debt. Any provision of state constitutional law that may prohibit or limit the authority of a political subdivision of the state to incur debt does not apply to those loans or grants.


DEBATES

EVENTS

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MAP OF THIS ELECTION

 


RESULTS OF THIS ELECTION

 

Yes
(YES)

228,092
51.03%

 

 

No
(NO)

218,887
48.97%

 

Source for election returns:


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