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Part Two The Virginia Constitution and Commentary, Art.X Taxation and Finance

From: The Virginia State Constitution (2nd Edition)

John Dinan

From: Oxford Constitutions (http://oxcon.ouplaw.com). (c) Oxford University Press, 2021. All Rights Reserved.date: 22 October 2021

The issues addressed in this article, particularly regarding state debt, have figured prominently in a number of constitutional conventions and revision commissions throughout Virginia history. In the nineteenth century, the 1850–51 Convention joined a number of other contemporaneous state conventions around the country in restricting legislative power to pledge the faith of the state for corporate debts and limiting the length of time for which state debts could be contracted. The 1867–68 Convention then imposed additional restrictions, including in regard to the...
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