South Dakota Initiated Measure 1, Limit Property Taxes Measure (1994)
| South Dakota Initiated Measure 1 | |
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| Election date |
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| Topic Property taxes and Revenue and spending limits |
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| Status |
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| Type Initiated state statute |
Origin |
South Dakota Initiated Measure 1 was on the ballot as an initiated state statute in South Dakota on November 8, 1994. It was defeated.
A "yes" vote supported limiting property taxes at 1% of assessed value, freezing property tax assessments at 1995 levels, and limiting future increases to 1.25% only upon ownership change or new construction. |
A "no" vote opposed limiting property taxes at 1% of assessed value, freezing property tax assessments at 1995 levels, and limiting future increases to 1.25% only upon ownership change or new construction. |
Election results
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South Dakota Initiated Measure 1 |
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| Result | Votes | Percentage | ||
| Yes | 152,048 | 49.45% | ||
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155,435 | 50.55% | ||
Text of measure
Ballot title
The ballot title for Initiated Measure 1 was as follows:
| “ | Property tax reform. | ” |
Path to the ballot
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 South Dakota, the number of signatures required for an initiated state statute is equal to 5% of the votes cast in the last gubernatorial election. A simple majority vote is required for voter approval.
See also
External links
Footnotes
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