Senate Constitutional Amendment No.7. Sets maximum permissible term of statutory state bond issues at 50 instead of 75 years. Declares that full publicity is given to state bond propositions in ballot pamphlets prepared by Secretary of State: eliminates requirement that such propositions be published for three months in newspaper in each county. Authorizes Legislature to reduce authorized bond issue to lesser amount than that fixed by bond proposition.
Popular Vote Results
Y: 2006548; A: 51.0; N: 1930235; B: 49.0
Senate Constitutional Amendment
Code Sections Affected
Amended Cal. Const. art. XVI, section 1.
Nelson S. Dilworth, Senator, 37th District; Donald L. Grunsky, Senator, 23d District; A. A. Erhart, Senator, 29th District
John B. Long, General Manager California Newspaper Publishers Association
STATE INDEBTEDNESS California Proposition 12 (1956).