§ 11. State debts generally; manner of contracting; referendum.
169 words·~1 min read·
/ny/constitution/state-finances/11A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 11. Except the debts or refunding debts specified in sections 9, 10
and 13 of this article, no debt shall be hereafter contracted by or in
behalf of the state, unless such debt shall be authorized by law, for
some single work or purpose, to be distinctly specified therein. No such
law shall take effect until it shall, at a general election, have been
submitted to the people, and have received a majority of all the votes
cast for and against it at such election nor shall it be submitted to be
voted on within three months after its passage nor at any general
election when any other law or any bill shall be submitted to be voted
for or against.
The legislature may, at any time after the approval of such law by the
people, if no debt shall have been contracted in pursuance thereof,
repeal the same; and may at any time, by law, forbid the contracting of
any further debt or liability under such law.