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North Dakota Initiative 2, State Corporate and State Income Tax Rates Measure (2008)

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North Dakota Initiative 2

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Election date

November 4, 2008

Topic
Income taxes
Status

DefeatedDefeated

Type
Initiated state statute
Origin

Citizens



North Dakota Initiative 2 was on the ballot as an initiated state statute in North Dakota on November 4, 2008. It was defeated.

A "yes" vote supported lowering the state corporate income tax rates for tax years beginning after December 31, 2008 by 15 percent and have lowered adjusted state income tax rates for both resident and nonresident individuals, estates and trusts by 50 percent, except for specific tax brackets.

A "no" vote opposed lowering the state corporate income tax rates for tax years beginning after December 31, 2008 by 15 percent and have lowered adjusted state income tax rates for both resident and nonresident individuals, estates and trusts by 50 percent, except for specific tax brackets.


Election results

North Dakota Initiative 2

Result Votes Percentage
Yes 91,412 30.27%

Defeated No

210,598 69.73%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Initiative 2 was as follows:

This initiated measure would amend sections 57-38-30 and 57-38-30.3 of the North Dakota Century Code for tax years beginning after December 31, 2008 by lowering the state corporate income tax rates by fifteen percent and the adjusted state income tax rates by fifty percent, except for one taxpayer bracket where the reduction would be forty-five percent and for two other brackets where some income would not be taxed. 


Path to the ballot

See also: Laws governing the initiative process in North Dakota

An initiated state statute is a citizen-initiated ballot measure that amends state statute. There are 21 states that allow citizens to initiate state statutes, including 14 that provide for direct initiatives and nine (9) that provide for indirect initiatives (two provide for both). An indirect initiated state statute goes to the legislature after a successful signature drive. The legislatures in these states have the option of approving the initiative itself, rather than the initiative appearing on the ballot.

In North Dakota, the number of signatures required for an initiated state statute is equal to 2% of the state's population reported by the last decennial census. Each initiative has its own unique deadline of one year after it was approved to circulate. The completed petition must be submitted at least 120 days prior to the election.

See also


External links

Footnotes