Section 184-a. Authorization of certain liabilities if approved by popular vote; limitations as to amount
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Authorization of certain liabilities if approved by popular vote; limitations as to amount
No debt or liability, except the debts specified in section one hundred and eighty-four, shall be hereafter contracted by or in behalf of the State, unless such debt shall be authorized by law for some single purpose constituting new capital outlay, to be distinctly specified therein, and a vote of a majority of all the members elected to each house shall be necessary to the passage of such law. On the final passage of such law in either house of the General Assembly, the question shall be taken by ayes and noes, to be duly entered on the journals thereof, and shall be "Shall this bill pass, and ought the same to receive the sanction of the people?" No such law shall take effect until it shall have been submitted to the people at a general election, and shall have received a majority of all the votes cast for or against it. Such law shall be published, as may be prescribed by law, for at least three months next preceding such election.
The aggregate amount of the debts authorized by this section shall not at any time exceed one per centum of the assessed value of all the taxable real estate in the State, as shown by the last preceding assessment.
None of the provisions of this section shall apply to the debts specifically authorized by section one hundred and eighty-four of this article.
No debt shall be contracted by the State except to construct, or reconstruct, public roads, to meet casual deficits in the revenue, to redeem a previous liability of the State, to suppress insurrection, repel invasion, or defend the State in time of war. No scrip, certificate, or other evidence of State indebtedness, shall be issued except for the transfer or redemption of stock previously issued, or for such debts as are expressly authorized in this Constitution.
No debt shall be contracted by the State except to meet casual deficits in the revenue, to redeem a previous liability of the State, to suppress insurrection, repel invasion, or defend the State in time of war. No scrip, certificate, or other evidence of state indebtedness, shall be issued except for the transfer or redemption of stock previously issued, or for such debts as are expressly authorized in this Constitution.
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