The Maine Intangible Personal Property Tax Initiative, also known as Direct Initiative Question No. 2, was on the September 11, 1933 ballot in Maine as an initiated state statute, where it was defeated. The measure would have established a low rate tax on intangible personal property.
| Maine Direct Initiative Question No. 2 (1933)|
|Yes|| 44,832|| 34.44%|
Election results via: Main State Law and Legislative Reference Library, Votes on Initiated Bills 1910-
Text of measure
The full text of the ballot language can be read here.
Path to the ballot
- See also: Laws governing the initiative process in Maine
The bill voted upon by the people was originally titled "An Act Establishing a Low Rate Constitutional Tax on Intangible Personal Property in Accordance With Constitutional Amendment Permitting the Same." Written petitions signed by no less than 12,000 electors were addressed to the 86th State Legislature. They were filed with the Secretary of State at least 30 days before the close of the regular session respectfully requesting that if the bill failed to be enacted by the Legislature that a special elections would be call by the Governor. The Governor proclaimed on April 26, 1933 that such an election would be held on September 11, 1933.