Oregon Const. art. XI-F(1), § 1

Oregon Constitution

Article XI-F(1), § 1 — State empowered to lend credit for higher education building projects

This text of Oregon Const. art. XI-F(1), § 1 (State empowered to lend credit for higher education building projects) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

JurisdictionOregon DocumentConstitution

ArticleXI-F(1)

Section§ 1

CitationOregon Const. art. XI-F(1), § 1

Bluebook

Or. Const. art. XI-F(1), § 1.

Full Text

The credit of the state may be loaned and indebtedness incurred in an amount which shall not exceed at any one time three-fourths of one percent of the true cash value of all the taxable property in the state, as determined by law to provide funds with which to acquire, construct, improve, repair, equip and furnish buildings, structures, land and other projects, or parts thereof, that the legislative assembly determines will benefit higher education institutions or activities.

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The credit of the state may be loaned and indebtedness incurred in an amount which shall not exceed at any one time three-fourths of one percent of the true cash value of all the taxable property in the state, as determined by law to provide funds with which to acquire, construct, improve, repair, equip and furnish buildings, structures, land and other projects, or parts thereof, that the legislative assembly determines will benefit higher education institutions or activities.

History

Created through H.J.R. 26, 1949, and adopted by the people Nov. 7, 1950; Amendment proposed by H.J.R. 12, 1959, and adopted by the people Nov. 8, 1960; Amendment proposed by H.J.R. 101, 2010, and adopted by the people May 18, 2010

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Bluebook (online)

Oregon Const. art. XI-F(1), § 1, Counsel Stack Legal Research, https://law.counselstack.com/constitution/or/XI-F(1)/1.