Ohio Taxation of Real Estate, Tangible Property, and Intangible Property Amendment (1925)
| Ohio Taxation of Real Estate, Tangible Property, and Intangible Property Amendment | |
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| Election date |
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| Topic Property and Taxes |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Ohio Taxation of Real Estate, Tangible Property, and Intangible Property Amendment was on the ballot as a legislatively referred constitutional amendment in Ohio on November 3, 1925. It was defeated.
A “yes” vote supported establishing uniform taxation rules on all real estate and tangible property and establish taxation on intangible property. |
A “no” vote opposed establishing uniform taxation rules on all real estate and tangible property and establish taxation on intangible property. |
Election results
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Ohio Taxation of Real Estate, Tangible Property, and Intangible Property Amendment |
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| Result | Votes | Percentage | ||
| Yes | 435,944 | 46.52% | ||
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501,221 | 53.48% | ||
Text of measure
Ballot title
The ballot title for Taxation of Real Estate, Tangible Property, and Intangible Property Amendment was as follows:
| “ | Article XII, Section 2 Proposing to amend Articles XII, Section 2 of the Constitution so as to provide fro taxation by uniform rule of all real estate and tangible property execpt motor vehicles, and to provide fro the taxation of intangible property. Sec. 2. Laws shall be passed, taxing by a uniform rule all * * real estate and improvements thereon and all intangible personal property according to their true value in money, * * excepting motor vehicles which shall be taxed as may be provided by law. But all bonds outstanding on the first day of January, 1913, of the state of Ohio or of any city, village, hamlet, county or township in this state or which have been issued in behalf of public schools in Ohio and the means of instruction in connection therewith, * * and all bonds issued under article VIII, section 2a of this constitution for the world war compensation fund, shall be exempt from taxation; and burying grounds, public school houses, houses used exclusively for public worship, institutions used exclusively for charitable purposes, public property used exclusively for any public purpose, and tangible personal property, to an amount not exceeding in value five hundred dollars for any individual, may by general laws, be exempted from taxation; and laws may be passed to provide against the double taxation that results from the taxation of both the real estate and the mortgage or the debt secured thereby, or other lien upon it, but all such laws shall be subject to alternation or repeal; and the value of all property, so exempted, shall from time to time, be ascertained and published as may be directed by law. | ” |
Path to the ballot
- See also: Amending the Ohio Constitution
A 60% vote is required during one legislative session for the Ohio State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 60 votes in the Ohio House of Representatives and 20 votes in the Ohio State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.
See also
Footnotes
External links
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