Public debt for public defense; bonding for public purposes

Wis. Const. art. VIII, § 7 — under FINANCE.

Wis. Const. art. VIII, § 7

Public debt for public defense; bonding for public purposes

[As amended April 1969, April 1975 and April 1992]

(1) The legislature may also borrow money to repel invasion, suppress insurrection, or defend the state in time of war; but the money thus raised shall be applied exclusively to the object for which the loan was authorized, or to the repayment of the debt thereby created.

(2) Any other provision of this constitution to the contrary notwithstanding:

[1967 J.R. 58, 1969 J.R. 3, vote April 1969; 1973 J.R. 38, 1975 J.R. 3, vote April 1975; J.R. 9, vote April 1992]