Voter approval required.

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Notwithstanding any other provision of this article, the corporation, the department, the board, and the executive director shall have the authority to issue notes and otherwise exercise the powers specified in this article only if voters statewide approve House Bill 05-1194, enacted at the first regular session of the sixty-fifth general assembly, at the November 2005 statewide election.

Source: L. 2005: Entire article added, p. 756, § 1, effective June 1.

Editor's note: House Bill 05-1194 was approved by the voters on November 1, 2005, and became effective upon the proclamation of the Governor, December 16, 2005. The vote count for the measure was as follows:

FOR: 600,222

AGAINST: 552,662


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