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Washington Aggregate Annual Levy Limit of 40 Mills, SJR 1 (1972)

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The Washington Aggregate Annual Levy Limit of 40 Mills Amendment, also known as Senate Joint Resolution 1, was on the November 7, 1972 ballot in Washington as a legislatively-referred constitutional amendment, where it was approved. The measure replaced a forty mill property tax limit with a maximum allowable rate of one percent of the value of all taxable property.[1] The measure amended Section 2 of Article VII of the Washington State Constitution.[2]

Election results

Washington SJR 1 (1972)
ResultVotesPercentage
Approveda Yes 686,320 58.26%
No491,70341.74%

Election results via: Washington Secretary of State

Text of measure

See also: Washington State Constitution, Section 2 of Article VII

The language appeared on the ballot as:[1]

Shall the state constitution be amended to replace the present forty mill limit upon those property taxes which are imposed without voter approval (in effect a limitation of two percent of the true and fair value of the taxable property) with a new provision under which the maximum allowable rate for such property taxes would be one percent of the true and fair value of the property?[3]

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References

  1. 1.0 1.1 Office of the Secretary of State, "1972 Voters Pamphlet," accessed August 23, 2013
  2. Washington State Legislature, "Washington State Constitution," accessed August 26, 2013
  3. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.