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Washington Advisory Vote 1, Removal of Business Tax Deduction Measure (2012)
| Washington Advisory Vote 1 | |
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| Election date |
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| Topic Taxes |
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| Status |
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| Type Legislatively referred advisory question |
Origin |
Washington Advisory Vote 1 was on the ballot as a legislatively referred advisory question in Washington on November 6, 2012. It was defeated.
A "maintained" vote supported eliminating a business and occupation tax deduction for certain financial institutions’ interest on residential loans. |
A "repealed" vote opposed eliminating a business and occupation tax deduction for certain financial institutions’ interest on residential loans. |
Election results
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Washington Advisory Vote 1 |
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| Result | Votes | Percentage | ||
| Yes | 1,175,863 | 43.10% | ||
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1,552,134 | 56.90% | ||
Text of measure
Ballot title
The ballot title for Advisory Vote 1 was as follows:
| “ | The legislature eliminated, without a vote of the people, a business and occupation tax deduction for certain financial institutions’ interest on residential loans, costing $170,000,000 in its first ten years, for government spending. This tax increase should be: [ ] Repealed [ ] Maintained | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
- See also: Types of ballot measures in Washington
A simple majority vote was needed in each chamber of the Washington State Legislature to refer the advisory question to the ballot for voter consideration.
See also
External links
Footnotes
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State of Washington Olympia (capital) |
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