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Michigan Constitutional Archive
Michigan Constitution of 1963 / Rejected

Proposal No. 2

April 3, 1961; House Joint Resolution DD of 1961; Rejected 541,826 to 568,476 (49%)

Article X

Sec. 29: The credit of the state, up to $5,000,000.00, may be granted, and only at the direction of a legislative act, to or in aid of public benefit corporations for the purpose of financing industrial, manufacturing and municipal development projects in this state.

Sources

  • Michigan Manual, 1961-1962, p. 635 (HathiTrust)
  • Public and Local Acts of the Legislature of the State of Michigan Passed at the Regular Session of 1961, pp. 759–760 (HathiTrust)

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