Advisory Opinion on Constitutionality of 1982 PA 47

Section 15 of the finance and taxation article of the constitution provides that the state may borrow money for specific purposes in amounts provided by acts adopted on a two-thirds vote of each house of the Legislature and approved by a majority of the electors at a general election. Section 15 provides that the ballot question shall state "the amount to be borrowed, the specific purpose to which the funds shall be devoted, and the method of repayment”.1

Pursuant to § 15 and 1968 PA 76, the three-part question mandated by § 15 — shall the state borrow $335 million and issue general obligation…