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Missouri Amendment 1, Tax Exemptions Measure (1972)

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Missouri Amendment 1

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Election date

November 7, 1972

Topic
Local government finance and taxes and Property tax exemptions
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



Missouri Amendment 1 was on the ballot as a legislatively referred constitutional amendment in Missouri on November 7, 1972. It was approved.

A "yes" vote supported amending the Missouri State Constitution to authorize the Missouri General Assembly to exempt certain personal and real property from taxation, provide financial relief to elderly renters, and compensate local governments for lost revenue.

A "no" vote opposed amending the Missouri State Constitution to authorize the Missouri General Assembly to exempt certain personal and real property from taxation, provide financial relief to elderly renters, and compensate local governments for lost revenue.


Election results

Missouri Amendment 1

Result Votes Percentage

Approved Yes

1,241,633 81.96%
No 273,213 18.04%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Amendment 1 was as follows:

Amendment No. 1- (Submitted by the 76th General Assembly, Second Regular Session) Authorizing the General Assembly to provide: (1) For exemption from taxation of: (a) Household goods and articles of personal use; (b) Part of the valuation of real property owned as a homestead by persons over the age of 65; (c) Intangible Property owned by individuals, labor, agriculture and horticultural organizations, not for profit corporations, and hospitals exempt from the state income tax. (2) For the restitution to the respective political subdivisions of revenue lost by reason of such exemption. (3) Financial relief to persons over the age of 65 who occupy rental property as their homes.


Path to the ballot

See also: Amending the Missouri Constitution

A simple majority vote is required during one legislative session for the Missouri General Assembly to place a constitutional amendment on the ballot. That amounts to a minimum of 82 votes in the Missouri House of Representatives and 18 votes in the Missouri State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.

See also


External links

Footnotes