Oregon Tax Exemption on Debt and Credits, Measure 27 (1912)

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The Oregon Tax Exemption on Debt and Credits, also known as Measure 27, was on the November 5, 1912 ballot in Oregon as an initiated state statute, where it was approved. The measure would have exempted all debts, public stocks and securities, bonds, warrants and moneys due to the state from taxation.[1]

Election results

Oregon Measure 27 (1912)
ResultVotesPercentage
Defeatedd No66,54061.03%
Yes 42,491 38.97%

Election results via: Oregon Blue Book

Text of measure

The language appeared on the ballot as:[1]

Proposed by Initiative Petition

A bill for an Act to exempt from taxation all debts of every kind whether on contract, note, mortgage, bond or otherwise, either within or without this State; public stocks and securities, bonds, warrants and moneys due from this State, or any county or other municipal sub-division; stocks and shares in incorporated or unincorporated companies, except bank stocks, shares and banking capital. --- Vote YES or NO.

354. Yes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

355. No . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [2]

Path to the ballot

Measure 27 was filed in the office of the Secretary of State on July 2, 1912.[1]

See also

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External links

References

  1. 1.0 1.1 1.2 Oregon State Library, "State of Oregon Official Voters' Pamphlet," accessed November 1, 2013
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.