Nebraska Municipal Economic Development Amendment (2008)

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The Nebraska Municipal Economic Development Amendment is a proposed constitutional amendment to the Nebraska Constitution that appeared on the November 4, 2008 ballot in Nebraska. The proposition was legislatively-referred to the ballot by the Nebraska State Legislature via Legislative Resolution 229CA.

2008 election results

These election results are based on the Nebraska Elections Division as of Nov. 6, 2008.[1]

Municipal Economic Development Admendment
Yes or no Votes Percentage
Yes 300,584 48%
No 358,108 54%
Total votes 658,692 100%

Background

Currently, the constitution limits the source of revenue that cities and villages are allowed to use for economic development projects to funds that are raised from general taxes.

Specific Provisions

If the measure passed, it would have:

  • Alter Article XIII, Section 2 of the Nebraska Constitution, which pertains to municipal economic development.
  • Allow cities and villages to use different sources of revenue to fund economic development projects other than funds raised from general taxes, such as surplus utility funds.
  • Stipulate that voters in the city or village approve any proposals for economic development.

Supporters

Supporters included:

A Taxpayer's Perspective from the National Taxpayers Union

The Nebraska Municipal Economic Development Amendment would have enabled cities and villages, subject to voter approval, to draw from additional sources of funding (whether local, state or federal) for local economic development projects. Currently, Nebraska cities and villages may only use funds from local property and sales taxes to support certain local economic development programs. Despite the voter approval safeguard, this proposal could still encourage additional government spending liabilities.[2]

See also

External links

References

  1. ↑ Nebraska Election Division, 2008 Election Results
  2. ↑ National Taxpayers Union, 2008 Ballot Guide
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