Alabama State Income Tax, Amendment 1 (1970)
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The Alabama State Income Tax, Amendment 1, also known as Amendment 1, was on the ballot in Alabama on November 3, 1970, as a legislatively referred constitutional amendment. It was defeated. The amendment proposed to amend the constitution. The amendment proposed that the state would be authorized to levy a corporate income tax of seven percent. All federal income taxes paid or accrued will continue to be deductible for the purpose of tabulating state taxable net income. The tax would first be levied in the fiscal year 1970 and each year thereafter.[1]
Election results
| Alabama Amendment 1 (1970) | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 No | 387,956 | 79.29% | ||
| Yes | 101,330 | 20.71% | ||
Election results via: Inter-university Consortium for Political and Social Research, Referenda and Primary Election Materials: Alabama
See also
- Alabama 1970 ballot measures
- 1970 ballot measures
- List of Alabama ballot measures
- History of Initiative & Referendum in Alabama
External links
Footnotes
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State of Alabama Montgomery (capital) |
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