Nevada Question 1, Tax Exemption of Bank Stocks Amendment (1986)
| Nevada Question 1 | |
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| Election date |
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| Topic Banking policy and Taxes |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Nevada Question 1 was on the ballot as a legislatively referred constitutional amendment in Nevada on November 4, 1986. It was approved.
A "yes" vote supported exempting bank stocks from taxation, aligning them with other corporate shares while maintaining taxes on bank-owned personal property. |
A "no" vote opposed exempting bank stocks from taxation, aligning them with other corporate shares while maintaining taxes on bank-owned personal property. |
Election results
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Nevada Question 1 |
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| Result | Votes | Percentage | ||
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153,528 | 63.51% | ||
| No | 88,203 | 36.49% | ||
Text of measure
Ballot title
The ballot title for Question 1 was as follows:
| “ | Shall the Nevada constitution be amended to provide the same exemption from taxation for shares of stock of banking corporations as is extended to all other corporations? | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
- See also: Amending the Nevada Constitution
A simple majority vote is required during two successive legislative sessions for the Nevada State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 22 votes in the Nevada State Assembly and 11 votes in the Nevada State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.
See also
External links
Footnotes
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State of Nevada Carson City (capital) |
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