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Oklahoma State Question 68, System of Taxation Initiative (August 1914)
| Oklahoma State Question 68 | |
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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 |
Oklahoma State Question 68 was on the ballot as an initiated state statute in Oklahoma on August 4, 1914. It was defeated.
A "yes" vote supported re-establishing a taxation system with changes to assessment methods, state and municipal bond exemptions, taxes on banks and transmission companies, increases on oil production tax, and a graduated tax on large landholdings over 640 acres or $10,000 in value. |
A "no" vote opposed re-establishing a taxation system with changes to assessment methods, state and municipal bond exemptions, taxes on banks and transmission companies, increases on oil production tax, and a graduated tax on large landholdings over 640 acres or $10,000 in value. |
Election results
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Oklahoma State Question 68 |
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| Result | Votes | Percentage | ||
| Yes | 88,994 | 66.30% | ||
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45,232 | 33.70% | ||
Text of measure
Ballot title
The ballot title for State Question 68 was as follows:
| “ | To re-enact the direct and redirect system of taxation contained in Chapter No. 240, Session Laws, 1913. In providing (1) Amendment to present methods of assessment levy and appeals, exempt bonds of State and its municipalities from ad valors tax; (2) Methods of taxation of banks both state and national, effective prior to May 16, 1913,; (3) Mining property tax law, raising rate on oil production tax to ten mills; (4) Taxation of certain transmission companies according to gross receipts only; (5) Graduated tax on land holdings exceeding six hundred and forty acres and of value exceeding ten thousand dollars. | ” |
Path to the ballot
In Oklahoma, the number of signatures required for an initiated state statute was equal to 8% of the votes cast in the last general election. In 2010, voters approved State Question 750, which changed the signature requirement to be based on the preceding gubernatorial election. A simple majority vote is required for voter approval.
See also
External links
Footnotes
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