Intangible Property Taxation, Amendment 1
was a legislatively-referred constitutional amendment
that was approved
by voters in the general election on November 7, 1944
. The amendment related to special tax rates for intangible property.
| Florida Amendment 1 (1944)|
| Yes|| 95,632|| 66.63%|
Election results via: Report of the Secretary of State of the State of Florida (1943-1944)
Text of measure
The language that appeared on the ballot:
|| NO. 1
ARTICLE IX, SECTION 1
To amend Section 1 of Article IX providing for a uniform and equal rate of taxation; providing for a special rate of taxation on intangibles no to exceed two (2) mills and providing such tax on mortgages, deeds of trust or other liens shall be payable when documents are recorded, and be in lieu of all other intangibles assessments on such; Providing the tax therefrom may be apportioned by the Legislature and shall be exclusive of all other taxes and providing the Legislature shall prescribe regulations to secure just valuations of property.