Ballot History
Year: 1972

Ballot Number: 12

Short Title:

Ballot Title: An Act to Amend the State Constitution by the addition of a new Article, concerning replacement of property taxes for the financing of schools and limitations on other property taxes, provides for creation of a State Tax Equalization Commission for uniform assessment of all real property; requires imposition by law effective January 1, 1974, of certain taxes to replace lost property tax revenue sources, namely: severance taxes; progressively graduated corporate and personal income taxes, and taxes on sales and services; provides sales tax credits and limits sales and service taxes to 3% by the State and 3% by any local governmental subdivision.


Election Results:
Rejected

Votes For: 167,882 (21.1%)
Votes Against: 628,201 (78.9%)

Type of Change: Constitutional

Initiative/Referendum: Initiative

Bill/Resolution #:
Election Results - SOS:

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