Friday, May 1, 1998
Excerpts of the ballot language for Issue 1 and the complete language for Issue 2:
ISSUE 1
The proposed amendment to the Ohio Constitution would:
"Authorize the state to issue bonds and other obligations in order to pay costs of facilities for a system of common schools throughout the state and for state-supported and state-assisted institutions of higher learning, including cost of acquisition, construction, improvement, expansion, planning and equipping facilities."
"Provide that no direct obligations of the state, including obligations referred to above, may be issued if the amount required for future fiscal year debt service on state direct obligations to be paid from the state general revenue fund or net lottery proceeds would exceed five percent of the state expenditures of the state from the general revenue fund and net lottery proceeds during the fiscal year immediately proceeding the issuance.
An affirmative vote of at least three-fifths of the members of each house of the General Assembly may waive the five percent limitation as to a particular issue or amount."
ISSUE 2
"Shall the provisions of House Bill 697 levying a statewide one percent sales and use tax, to be used one-half for school operations, education technology, school facilities, and debt service for school facilities, and one-half for additional property tax relief for homesteads, be approved?
"If approved, the tax shall take effect July 1, 1998."
