Assembly Constitutional Amendment No. 28. Adds Section 1 ¼ a to Article XIII of Constitution. Authorizes Legislature to prescribe It extent of tax exemption for farm or home being purchased by veteran from Veterans Welfare Board (or successor) pursuant to contract under whose terms legal title is vested in said board.
Popular Vote Results
Y:945494; A:43.0; N:1253914; B:57
Assembly Constitutional Amendment
Richard H. McCollister, Assemblyman, Marin and Sonoma Counties, Chairman, Assembly Committee on Military Affairs; Nelson S. Dilworth, State Senator, Riverside County
Marvin Sherwin, Assemblyman, Chairmay, Chairman, Ways and Means Committee
VETERANS' POSSESSORY INTERESTS California Proposition 2 (1950).