Illinois Banking Amendment (1938)
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The Illinois Banking Amendment was on the ballot in Illinois on November 8, 1938, as a legislatively referred constitutional amendment. It was defeated. It proposed modifications to the banking rules to reduce the liability of bank stockholders.[1]
Election results
| Illinois (1938) | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 No | 352,428 | 27.65% | ||
| Yes | 922,237 | 72.35% | ||
Election results via: Illinois Blue Book 1961-1962
Note: Although this measure gathered more "yes" votes, it did not pass because at the time of the vote Illinois required that amendments receive a vote of more than 50 percent of those voting in the election. There were 3,274,814 voters in this election, requiring at least 1,637,408 “yes” votes for the measure to pass.
See also
- Illinois 1938 ballot measures
- 1938 ballot measures
- List of Illinois ballot measures
- History of Initiative & Referendum in Illinois
External links
Footnotes
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