From Ballotpedia - Reading time: 2 min
| Michigan Banking Amendment | |
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| Election date |
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| Topic Banking |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Michigan Banking Amendment was on the ballot as a legislatively referred constitutional amendment in Michigan on November 4, 1862. It was approved.
A “yes” vote supported amending the state constitution relative to banking. |
A “no” vote opposed amending the state constitution relative to banking. |
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Michigan Banking Amendment |
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| Result | Votes | Percentage | ||
| 5,067 | 75.50% | |||
| No | 1,644 | 24.50% | ||
The ballot title for Banking Amendment was as follows:
| “ | Amendment as to Banks—Yes. Amendment as to Banks—No. | ” |
The full text of this measure is available here.
A two-thirds vote is required during one legislative session for the Michigan State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 74 votes in the Michigan House of Representatives and 26 votes in the Michigan State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.