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Oregon Transaction Tax for Elderly Funds, Measure 8 (1938)

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The Oregon Transaction Tax for Elderly Funds Bill, also known as Measure 8, was on the November 8, 1938 ballot in Oregon as an initiated state statute, where it was approved. The measure would have implemented a two percent transaction tax to create a fund for the monthly payment of unemployed people over the age of 65.[1]

Election results

Oregon Measure 8 (1938)
ResultVotesPercentage
Defeatedd No219,55766.19%
Yes 112,172 33.81%

Election results via: Oregon Blue Book

Text of measure

The language appeared on the ballot as:[1]

This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.

Proposed by Initiative Petition

CITIZENS’ RETIREMENTS ANNUITY BILL; LEVYING TRANSACTIONS TAX TO PROVIDE FUND - Purpose: Providing for a two per centum tax upon the gross value of each transaction made in Oregon, excepting governmental transactions or involving governmental securities and interstate transactions, to create a fund for payment monthly pro rata to persons 65 years of age or over, who have been United States citizens at least nine years, have continuously resided in oregon at least seven years, have applied and qualified therefore, and shall not engage in any gainful pursuit
Vote YES or NO


314. Yes. I vote for the proposed measure.

315. No. I vote against the proposed measure.

See also

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