North Dakota Classification of Taxable Property Initiative (1940)

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The North Dakota Classification of Taxable Property Initiative was on the November 5, 1940 ballot in North Dakota as an initiated state statute, where it was defeated.[1] The measure would have created three classes of property for tax purposes: 100 percent valuation for property assessed by state Board of Equalization, 75 percent on business inventories and 50 percent on household goods.[2]

Election results

North Dakota Classification of Taxable Property Initiative (1940)
ResultVotesPercentage
Defeatedd No156,90163.19%
Yes 91,396 36.81%

Election results via: Legislative Manual, Official Vote of North Dakota General Election, 1940

Text of measure

The full text of the initiative can be read here.

See also

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