The Montana 2 Mill Levy for Technical Education Act, also known as LR-109, was a legislatively-referred state statute on the June 2, 1992 ballot in Montana, where it was defeated.
| LR-109 (2 Mill Levy for Technical Education)|
|Yes|| 76,546|| 36.4%|
Official results via: The Montana Secretary of State
Text of measure
The language that appeared on the ballot:
- The Legislature submitted this proposal for a vote. It would impose an annual levy of two mills upon the taxable value of all real and personal property subject to taxation in the state of Montana. The revenue generated from the 2-mill levy would be allocated to the board of regents and could be used only for the support and maintenance of vocational and technical education in Montana. If passed, the levy would apply to tax years beginning after December 31, 1992.
- FISCAL NOTE: Assuming no change in market or taxable values of the State of Montana, the 2-mill levy would raise $6,460,000 for the 1994-95 fiscal biennium.