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Minnesota Amendment 2, Authorizing Taxation of Bank Shares Measure (1867)

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Minnesota Amendment 2

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Election date

November 5, 1867

Topic
Banking policy and Local government finance and taxes
Status

DefeatedDefeated

Type
Legislatively referred constitutional amendment
Origin

State legislature



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%

Defeated No

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