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Colorado General Property Tax Limit, Measure 7 (1972)

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The Colorado General Property Tax Limit Amendment, also known as Initiative 7, was on the November 7, 1972 ballot in Colorado as an initiated constitutional amendment, where it was defeated. The measure would have created a maximum annual tax limit of 1.5% of the actual value of property.[1]

Election results

Colorado Initiative 7 (1972)
ResultVotesPercentage
Defeatedd No627,00776.47%
Yes 192,913 23.53%

Election Results via: The Colorado Legislative Council

Text of measure

The language appeared on the ballot as:[1]

An amendment to Section II of Article X of the Constitution of the State of Colorado, concerning the general property tax, establishing a maximum limitation of one and one half percent of the actual value on the annual taxation of property except as permitted by a vote of the qualified electors, designating the maximum amount that may be levied by governmental units and defining actual value.[2]

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References

  1. 1.0 1.1 Colorado General Assembly, "Ballot Issue History," accessed January 14, 2013
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.