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Oregon Measure Nos. 314-315, Transaction Tax for Elderly Funds Initiative (1938)

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Oregon Measure Nos. 314-315

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Election date

November 8, 1938

Topic
Public assistance programs and Taxes
Status

DefeatedDefeated

Type
Initiated state statute 		Origin

Citizens


Oregon Measure Nos. 314-315 was on the ballot as an initiated state statute in Oregon on November 8, 1938. It was defeated.

A "yes" vote supported implementing a two percent transaction tax to create a fund to provide monthly payments to unemployed individuals over the age of 65.

A "no" vote opposed implementing a two percent transaction tax to create a fund to provide monthly payments to unemployed individuals over the age of 65.


Election results

Oregon Measure Nos. 314-315

Result Votes Percentage
Yes 112,172 33.81%

Defeated No

219,557 66.19%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Measure Nos. 314-315 was as follows:

“

CITIZENS’ RETIREMENTS ANNUITY BILL; LEVYING TRANSACTIONS TAX TO PROVIDE FUND - Purpose: Providing for a two per centum tax upon the gross value of each transaction made in Oregon, excepting governmental transactions or involving governmental securities and interstate transactions, to create a fund for payment monthly pro rata to persons 65 years of age or over, who have been United States citizens at least nine years, have continuously resided in Oregon at least seven years, have applied and qualified therefore, and shall not engage in any gainful pursuit. Any such payment shall not exceed $100 per month and must be expended during the calendar month for which received.
Vote YES or NO

”

Full Text

The full text of this measure is available here.


Path to the ballot

See also: Signature requirements for ballot measures in Oregon

The number of signatures required for an initiated state statute was equal to 8% of the total votes cast in the last Supreme Court justice election.

See also

1938 Measures

Oregon

News and analysis


External links

Footnotes

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1938 ballot measures 1938 ballot measures
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