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Wisconsin Question 2, General Banking Law Referendum (1862)

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Wisconsin Question 2

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Election date

November 4, 1862

Topic
Banking policy
Status

ApprovedApproved

Type
Legislatively referred state statute
Origin

State legislature



Wisconsin Question 2 was on the ballot as a legislatively referred state statute in Wisconsin on November 4, 1862. It was approved.

A "yes" vote supported setting a maximum interest rate of seven percent.

A "no" vote opposed setting a maximum interest rate of seven percent.


Election results

Wisconsin Question 2

Result Votes Percentage

Approved Yes

46,269 85.58%
No 7,794 14.42%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Question 2 was as follows:

For amendment to the banking law

Against amendment to the banking law

Full text

The full text can be read here.

Path to the ballot

See also: Amending the Wisconsin Constitution

A simple majority vote is required during two legislative sessions for the Wisconsin State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 50 votes in the Wisconsin State Assembly and 17 votes in the Wisconsin State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.

See also


Footnotes