Article XII.
Finance and Taxation

Section 4. Revenue to pay expenses and retire debts

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19761851

Revenue to pay expenses and retire debts

The General Assembly shall provide for raising revenue, sufficient to defray the expenses of the state, for each year, and also a sufficient sum to pay principal and interest as they become due on the state debt.

Summary: Clarify language and make nonsubstantive changes in language

Election Date: June 8, 1976

Votes For Ratification: 951310

Votes Against Ratification: 699823

Percent for Ratification: 58%

Percent Against Ratification: 42%

Notes:

Amendment Source: 1975 76 HJR 14

Effective Date Source:

19761851

Revenue to pay expenses and retire debts

The General Assembly shall provide for raising revenue sufficient to defray the expenses of the state for each year, and also a sufficient sum to pay the interest on the state debt.

Summary:

Election Date:

Votes For Ratification:

Votes Against Ratification:

Percent for Ratification: %

Percent Against Ratification: %

Notes:

Amendment Source:

Effective Date Source: