Assembly Constitutional Amendment No. 37. Amends Section 31, Article IV of the Constitution. Permits loans to veterans for purpose of enabling veterans to buy a business, land, buildings, supplies, equipment, machinery or tools, to be used by the veteran in pursuing a gainful occupation. Provides that such aid is exempt from prohibition against giving or lending the credit of the State in aid of any person.
Popular Vote Results
Y: 1168764; A: 51.0; N: 1125123; B: 49.0
Assembly Constitutional Amendment
Code Sections Affected
Amended Cal. Const. art. IV, section 31.
Augustus F. Hawkins, Assemblyman, 62d Dist.; Glenn M. Anderson, Assemblyman, 46th Dist.
BUSINESS LOANS FOR VETERANS California Proposition 4 (1946).