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Arizona Proposition 102, Inventory Tax Exemption Amendment (1964)
| Arizona Proposition 102 | |
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| Election date |
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| Topic Taxes |
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| Status |
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| Type Initiated constitutional amendment |
Origin |
Arizona Proposition 102 was on the ballot as an initiated constitutional amendment in Arizona on November 3, 1964. It was approved.
A "yes" vote supported exempting inventories of raw or finished materials, unassembled parts, and work in process products from taxation. |
A "no" vote opposed exempting inventories of raw or finished materials, unassembled parts, and work in process products from taxation. |
Election results
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Arizona Proposition 102 |
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| Result | Votes | Percentage | ||
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227,463 | 65.36% | ||
| No | 120,563 | 34.64% | ||
Text of measure
Ballot title
The ballot title for Proposition 102 was as follows:
| “ | AN AMENDMENT EXEMPTING FROM TAXATION, IN ADDITION TO EXEMPTIONS PRESENTLY MADE BY ARTICLE IX, SECTION 2, INVENTORS OF RAW OR FINISHED MATERIALS, UNASSEMBLED PARTS, WORK IN PROCESS OR FINISHED PRODUCTS OF ARIZONA RETAILERS AND WHOLESALERS PRINCIPALLY ENGAGED IN THE RESALE THEREOF WHETHER TO THE ULTIMATE CONSUMER OR NOT. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
In Arizona, the number of signatures required for an initiated constitutional amendment is equal to 15 percent of the votes cast at the preceding gubernatorial election.
See also
External links
Footnotes
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State of Arizona Phoenix (capital) |
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