Section 3. Legislation to effectuate article

Legislation to effectuate article

The Legislative Assembly may enact legislation to carry out the provisions of this Article.

Summary: Allows the state to incur general obligation debt for savings on pension liabilities

Election Date: September 16, 2003

Votes For Ratification: 360209

Votes Against Ratification: 291778

Percent for Ratification: 55%

Percent Against Ratification: 45%

Notes:

Amendment Source: OR 2003 VIP 29

Effective Date Source: