California Proposition 6, Retaliatory Taxes on Insurance Companies Amendment (1964)
| California Proposition 6 | |
|---|---|
 | |
| Election date November 3, 1964 | |
| Topic Taxes | |
Status Approved | |
| Type Constitutional amendment | Origin State legislature |
California Proposition 6 was on the ballot as a legislatively referred constitutional amendment in California on November 3, 1964. It was approved.
A “yes” vote supported establishing that when a state or country beyond California imposes a tax on Californian insurance companies greater than the amount the company would be taxed in California, then California may impose an additional tax on insurance companies from that state or country. |
A “no” vote opposed establishing that when a state or country beyond California imposes a tax on Californian insurance companies greater than the amount the company would be taxed in California, then California may impose an additional tax on insurance companies from that state or country. |
Election results
|
California Proposition 6 |
||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
|
|
4,547,842 | 78.88% | ||
| No | 1,217,770 | 21.12% | ||
Text of measure
Ballot title
The ballot title for Proposition 6 was as follows:
| “ | Taxation: Retaliatory Tax on Out of State Insurers | ” |
Ballot summary
The ballot summary for this measure was:
| “ | Assembly Constitutional Amendment No 17. Revises provisions authorizing retaliatory taxation on out of state insurers; provides that when California insurer has imposed on it by laws of another state or country a greater tax, obligation, or restriction than an insurer of such state or country doing business in California has imposed on it by California, then California may impose such additional tax, obligation, or restriction on insurers from such other state or country. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
- See also: Amending the California Constitution
A two-thirds vote was needed in each chamber of the California State Legislature to refer the constitutional amendment to the ballot for voter consideration.
See also
External links
Footnotes
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State of California Sacramento (capital) |
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