Montana Initiative 66, Taxable Valuation of Personal Property (1968)
| Montana Initiative 66 | |
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| Election date |
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| Topic Taxes |
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| Status |
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| Type Initiated state statute |
Origin |
Montana Initiative 66 was on the ballot as an initiated state statute in Montana on November 5, 1968. It was defeated.
A "yes" vote supported reducing the taxable valuation of a class of personal property that includes household goods, unprocessed agricultural products, business merchandise, and monies and credits. This new class will be taxed based on 1% of its true and full value. For example, a levy on a business’s merchandise worth $10,000 would be ten cents. |
A "no" vote opposed reducing the taxable valuation of a class of personal property that includes household goods, unprocessed agricultural products, business merchandise, and monies and credits. This new class will be taxed based on 1% of its true and full value. For example, a levy on a business’s merchandise worth $10,000 would be ten cents. |
Election results
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Montana Initiative 66 |
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| Result | Votes | Percentage | ||
| Yes | 70,497 | 30.83% | ||
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158,191 | 69.17% | ||
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- Results are officially certified.
- Source
Text of measure
Ballot title
The ballot title for Initiative 66 was as follows:
| “ | For initiative 66 Against initiative 66 | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
An initiated state statute is a citizen-initiated ballot measure that amends state statute. Proponents collected signatures to put the initiative on the ballot.
See also
External links
Footnotes
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State of Montana Helena (capital) |
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