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Washington Initiative 50, Property Tax Levy Limits Measure (1924)
| Washington Initiative 50 | |
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| Election date |
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| Topic Property and Taxes |
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| Status |
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| Type Initiated state statute |
Origin |
Washington Initiative 50 was on the ballot as an initiated state statute in Washington on November 4, 1924. It was defeated.
A “yes” vote supported limiting the aggregate annual tax levy rate on real and personal property to 40 mills on the dollar of assessed valuation for state, county, municipal, and school district purposes, unless a majority of electors within that jurisdiction approve an increase. |
A “no” vote opposed limiting the aggregate annual tax levy rate on real and personal property to 40 mills on the dollar of assessed valuation for state, county, municipal, and school district purposes, unless a majority of electors within that jurisdiction approve an increase. |
Election results
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Washington Initiative 50 |
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| Result | Votes | Percentage | ||
| Yes | 128,677 | 37.78% | ||
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211,948 | 62.22% | ||
Text of measure
Ballot title
The ballot title for Initiative 50 was as follows:
| “ | An act relating to the taxation of real and personal property and limiting the aggregate annual rate of levy thereon for general state, county, municipal and school district purposes to 40 mills. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
In Washington, proponents needed to collect a number of signatures for an Initiative to the People.
See also
External links
Footnotes
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State of Washington Olympia (capital) |
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