ManifoldPlay moneyPoliticsDevelopingUpdated 2h ago

Will Tennessee Amendment 2 (ban on a state property tax) be approved in the November 3, 2026 election?

As of Oct 19, 2026, 2:31 PM ET, Manifold priced this market at 84.9% (little changed over 24 hours). It had 1K mana of pool liquidity.

Market probability
84.9%
Little changed over 24 hours
Limited dataNot live — snapshot Oct 19, 2:31 PM ET

Play-money market (mana, not dollars) — the venue's feed doesn't report liquidity for this market — though most recent trading came from one account.

Price historyManifold

Not enough price history for this range yet.

Source: ProbCast snapshots (Manifold)

How credible was the move?

Methodology →

Move validity

Insufficient data

Consensus stability

Stable

Contract clarity

High

Can you trust this price?

Two different questions: how hard the price is to move, and whose trading set it.

Market capacity

How hard is it to move this price?

UnknownThin market

Pool liquidity

1K mana

Bid-ask spread

n/a

automated market maker

24h volume

0 mana

Total volume

27 mana

Play money: depth is in mana, so it says nothing about real-money conviction.

Who's trading

Whose opinion is this price?

One account dominates
93%of the traded money came from the single largest account

Accounts

2

Trades

3

over 12 days

Largest order

25 mana

27 mana traded across these 3 trades (last 12 days).

One account did most of the recent trading — the price reflects that account's view more than a crowd's.

Recent trade activity$27 traded

From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.

What this market actually measures

This market resolves YES if Tennessee Amendment 2 (Proposed amendment to Article II, Section 28 (prohibit state property tax)) is approved by voters at the November 3, 2026 general election under its official approval rule: Two prongs (Tenn. Const.

This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.

View full official resolution rules

This market resolves YES if Tennessee Amendment 2 (Proposed amendment to Article II, Section 28 (prohibit state property tax)) is approved by voters at the November 3, 2026 general election under its official approval rule: Two prongs (Tenn. Const. art. XI §3): (1) more YES than NO; (2) YES votes > half of all votes cast for governor. YES must exceed 50% of total gubernatorial votes; upheld in George v. Hargett (6th Cir. 2018). Only the November 3, 2026 vote counts; earlier votes on similar proposals do not. YES means voter approval at this election, not that the measure is later implemented. What the votes mean (official summary): YES: Constitution bars any state-level property tax. NO: Art. II §28 unchanged; no constitutional ban on a state property tax. Results: resolves on the result certified by Tennessee Secretary of State / State Election Commission (statewide canvass). It may resolve earlier once official returns or the Associated Press show the outcome cannot change and no recount is pending; if a recount or certified correction changes the outcome before resolution, the certified result controls. No vote: if the measure is removed from the ballot, a court orders its votes not to be counted, or the vote is postponed beyond November 3, 2026, the market resolves N/A. Later legal challenges: resolution follows voter approval as certified. A court later invalidating, enjoining or delaying the measure does not change the resolution. Starting probability: 50% is a neutral starting seed, not a forecast. Official source: https://sos.tn.gov/elections/announcements/2026-proposed-constitutional-amendments

What could move this market next?

  • The market's deadline arrivesNovember 4, 2026 at 7:00 AM ET

    The contract must resolve based on what has happened by this date.

Derived from the contract's own mechanics as of Oct 19, 4:11 PM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: low · expected error ±21 pts.

Thin marketLegacy movement classifier: watch

What's happening

low classifier confidence
Thin market

Thin book and/or wide spread. Small orders can move this price disproportionately, so any single print is noisy and easily overread.

  • Thin book and/or wide spread.

Read with caution —Read the latest price with caution; conditions make it an unreliable summary right now.

More details — reliability score, dynamics, durability
Reliability score
13Low
Where the price path tends to go next649 observed
  • Illiquid / quiet98%
  • Choppy / mean-reverting2%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityHigh· half-life —
PredictabilityStable

Secondary read: leaning toward Stale price.

A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.

Change (pts)1H0.06H0.024H0.07D0.0

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