Section V-2: Designation and definition of reserved powers - Determination of percentages.

  The first power reserved by the people is the initiative, and
eight per centum of the legal voters shall have the right to
propose any legislative measure, and fifteen per centum of the
legal voters shall have the right to propose amendments to the
Constitution by petition, and every such petition shall include
the full text of the measure so proposed.  The second power is
the referendum, and it may be ordered (except as to laws
necessary for the immediate preservation of the public peace,
health, or safety), either by petition signed by five per centum
of the legal voters or by the Legislature as other bills are
enacted.  The ratio and per centum of legal voters hereinbefore
stated shall be based upon the total number of votes cast at the
last general election for the State office receiving the highest
number of votes at such election.