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Nebraska Amendment 15, Intangible Property Tax Exemptions Amendment (1966)

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Nebraska Amendment 15

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Election date

November 8, 1966

Topic
Property tax exemptions
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



Nebraska Amendment 15 was on the ballot as a legislatively referred constitutional amendment in Nebraska on November 8, 1966. It was approved.

A "yes" vote supported exempting life insurance, annuity contracts, and rights to pension or retirement payments from the intangible property tax.

A "no" vote opposed exempting life insurance, annuity contracts, and rights to pension or retirement payments from the intangible property tax.


Election results

Nebraska Amendment 15

Result Votes Percentage

Approved Yes

270,377 70.70%
No 112,067 29.30%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Amendment 15 was as follows:

Constitutional amendment to permit the exemption from an intangible property tax of life insurance and life insurance annuity contracts and any rights to pension or retirement payments.

Full Text

The full text of this measure is available here.


Path to the ballot

See also: Amending the Nebraska Constitution

A 60% supermajority vote is required during one legislative session for the Nebraska State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 30 votes in the unicameral legislature, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot. A simple majority vote is required for voter approval. However, the number of affirmative votes cast for the measure must be greater than 35% of the total votes cast in the election. This also applies to citizen initiatives.

See also


External links

Footnotes