Washington Abolition of Inheritance and Gift Taxes, Initiative 402 (1981)

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The Washington Abolition of Inheritance and Gift Taxes Initiative, also known as Initiative 402, was on the November 3, 1981 ballot in Washington as an Initiative to the People, where it was approved. The measure abolished inheritance and gift taxes and substituted, in their place, a tax on the transfer of net estates. [1]

Election results

Washington Initiative 402 (1981)
ResultVotesPercentage
Approveda Yes 610,507 67.24%
No297,44532.76%

Election results via: Washington Secretary of State

Text of measure

The language that appeared on the ballot:[1]

Shall inheritance and gift taxes be abolished, and state death taxes be restricted to the federal estate tax credit allowed?[2]

Path to the ballot

Initiative 402 was filed on April 3, 1981 by Dick Patten of Seattle. 161,449 signatures were submitted to qualify it for the ballot.The measure was placed on the ballot as provided for by the state constitution.[3]

See also

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Suggest a link

External links

References

  1. 1.0 1.1 Office of the Secretary of State, "1981 Voters Pamphlet", accessed August 20, 2013
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
  3. Washington Secretary of State, "Initiatives to the People", accessed August 21, 2013