Oregon Measure 69, Bonds for Higher Education Projects Amendment (May 2010)

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Oregon Measure 69

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Election date

May 18, 2010

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

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



Oregon Measure 69 was on the ballot as a legislatively referred constitutional amendment in Oregon on May 18, 2010. It was approved.

A "yes" vote supported continuing to allow the state to use bonds to finance higher education, allowing the purchase of existing buildings and using nontax revenues for self-supporting bonds.

A "no" vote opposed continuing to allow the state to use bonds to finance higher education, allowing the purchase of existing buildings and using nontax revenues for self-supporting bonds.


Election results

Oregon Measure 69

Result Votes Percentage

Approved Yes

546,649 71.66%
No 216,157 28.34%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Measure 69 was as follows:

Amends Constitution: Continues and modernizes authority for lowest cost borrowing for community colleges and public universities.

Ballot summary

The ballot summary for this measure was:

This measure continues and modernizes the state’s authority to use general obligation bonds, the lowest cost method of borrowing, to finance projects for community colleges and public universities. It does not increase the current limit on borrowing. The measure clarifies that community colleges and public universities may purchase existing buildings with the proceeds of general obligation bonds. It also allows the Oregon University System to use nontax revenues to determine whether bonds to be issued under Article XI-F(1) are self-supporting. The measure allows Article XI-F(1) and XI-G bond proceeds to be used for the same parts of a project and to be used for mixed-use projects that benefit higher education. It allows nontax revenues to be used as matching funds for Article XI-G bond proceeds.

Full Text

The full text of this measure is available here.


Path to the ballot

See also: Amending the Oregon Constitution

A simple majority vote is required during one legislative session for the Oregon State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 31 votes in the Oregon House of Representatives and 16 votes in the Oregon State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.

See also


External links

Footnotes