2006 New York Code - State debts generally; manner of contracting; referendum.

 
    §  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.