Minnesota Amendment 2, Authorizing Taxation of Bank Shares Measure (1867)
| Minnesota Amendment 2 | |
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| Topic Banking policy and Local government finance and taxes |
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| Status |
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| 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
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Minnesota Amendment 2 |
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| Result | Votes | Percentage | ||
| Yes | 8,742 | 20.29% | ||
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34,351 | 79.71% | ||
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 is required during one legislative session for the Minnesota State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 68 votes in the Minnesota House of Representatives and 34 votes in the Minnesota State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.
Ratifying an amendment requires a 'Yes' vote from a simple majority of all voters casting a ballot in the election, rather than a simple majority of those voting on the question.
See also
External links
Footnotes
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