Minnesota Amendment 2, Authorizing Taxation of Bank Shares Measure (1867)
| Minnesota Amendment 2 | |
|---|---|
| Election date |
|
| Topic Banking policy and Local government finance and taxes |
|
| Status |
|
| Type Legislatively referred constitutional amendment |
Origin |
Minnesota Amendment 2 was on the ballot as a legislatively referred constitutional amendment in Minnesota on November 5, 1867. It was defeated.
A "yes" vote supported authorizing the state to tax the shares of banks as taxable property. |
A "no" vote opposed authorizing the state to tax the shares of banks as taxable property. |
Election results
|
Minnesota Amendment 2 |
||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
| Yes | 8,742 | 20.29% | ||
| 34,351 | 79.71% | |||
-
- Results are officially certified.
- Source
Text of measure
Ballot title
The ballot title for Amendment 2 was as follows:
| “ | Amendment of section 4 of article IX. of the Constitution—Yes. Amendment of section 4 of article IX. of the Constitution—No. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
- See also: Amending the Minnesota Constitution
A simple majority vote was required during one legislative session for the Minnesota State Legislature to place a constitutional amendment on the ballot.
Before 1898, when voters approved Amendment 2, a measure passed if it received a simple majority of votes cast on the measure itself, rather than a majority of all votes cast in the election.
See also
External links
Footnotes