State tax initiatives receive mixed results on election day
Results were mixed for environmental and energy related initiatives but in Minnesota, a state where ballot initiatives are uncommon, voters approved a proposed constitutional amendment to set aside a percentage of the sales tax for environmental and arts funding. More citizens cast "Yes" ballots for the amendment than voted for any candidate for president or senate, Minnpost.com reports.
Colorado voters rejected Amendment 58, which would have substantially raised the amount of severance taxes oil and gas companies had to pay through the removal of a property tax credit. An effort to alter state spending limits under Colorado's Taxpayers' Bill of Rights (TABOR) law was also defeated.
Results for other tax measures by state are:
California - Measure to authorize incentives for purchasers and developers of high fuel economy vehicles – Defeated. Measure to finance high speed train system with bonds and federal funds – Passed.
Florida – Amendment 3 creating property tax exemptions for residential improvements that increase renewable energy use or resistance to wind damage. -- Passed. Amendment 4: Conservation property tax break -- Passed. Amendment 6: Working waterfront tax break -- Passed
Maine – Repeal of a 2008 law that increased excise taxes on beer, wine and soda -- Passed
Missouri – Increase in state tax on casinos to 21 percent and elimination of the $500/two- hour loss limit for individual gambling losses. – Passed
Oklahoma – Amendment requiring a person or a business to file an application before receiving a tax exemption. – Passed
Oregon – A measure that would allow unlimited deductions for federal income taxes on state income tax returns – Defeated.