Alabama Disbursement of Income Tax, Amendment 1 (1947)

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The Alabama Disbursement of Income Tax, Amendment 1, also known as Amendment 1, was on the ballot in Alabama on August 26, 1947, as a legislatively referred constitutional amendment. It was approved. The amendment proposed to amend the constitution. The amendment proposed that the revenue received by the state from income tax be disbursed in the following way: $12,249,860 shall be set aside to pay interest and principal on Income Tax Bonds; approximately $6,700,000 would be added to the sinking fund to pay “Old Bonded Debt” and the “Carpet Bag Bonds”; the residual would pay the Building Commission for capital outlay only for educational purposes, provided that only 12 percent goes to institutions of higher education and not less than 88 percent to county and city boards of education.

Election results

Alabama Amendment 1 (August 1947)
Result		Votes	Percentage
a Yes		111,212	79.18%
No		29,250	20.82%

Election results via: Alabama Official and Statistical Register, 1947

See also

Suggest a link

• Alabama 1947 ballot measures
• 1947 ballot measures
• List of Alabama ballot measures
• History of Initiative & Referendum in Alabama

External links

• Alabama Official and Statistical Register, 1947