Montana Sales Tax Increase, LR-111 (June 1993)

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The Montana Sales Tax Increase Referendum, also known as LR-111, was on the June 8, 1993 ballot in Montana as a legislatively-referred state statute, where it was defeated. The measure would have reduced income and property taxes and enact a 4 percent general sales and use tax, with some exemptions. The measure would have given low-income households and renters refundable tax credits and repealed the property tax freeze initiative of 1986.[1][2]

Election results

Montana LR-111 (June 1993)
ResultVotesPercentage
Defeatedd No228,58774.47%
Yes 78,349 25.53%

Election results via: Montana Secretary of State

Text of measure

The text of the measure can be read here.

Fiscal statement

The proposal would:[3]
1994-95 biennium
impact (in millions)
Impose a 4% general sales tax $310
Reduce individual income taxes (124)
Reduce corporation income taxes (3)
Reduce property taxes (125)
Increase state support of school funding (48)
Increase electrical energy tax revenue 75
Net available to reduce state deficit $85

See also

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References


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This historical ballot measure article requires that the text of the measure be added to the page.