TAX RATES ON UNSECURED PROPERTY. LEGISLATIVE CONSTITUTIONAL AMENDMENT. Amends Article XIII section 12 to provide that Legislature shall adjust tax rates on personal property, possessory interests in land and on improvements on land exempt from taxation in any year when assessment ratios are changed to maintain equality between property on secured and unsecured rolls. Financial impact: No direct state or local fiscal effect.
Legislative Vote Results
FINAL VOTE CAST BY LEGISLATURE ON SCA 54 (PROPOSITION 11) -- Assembly-Ayes, 72; Noes, 0 -- Senate-Ayes, 28; Noes, 0
Popular Vote Results
Y: 4685811; A: 71.9; N: 1835579; B: 28.1
Senate Constitutional Amendment
Code Sections Affected
Amended Cal. Const. art. XIII, section 12
John W. Holmdahl, Member of the Senate, 8th District; Walter W. Stiern, Member of the Senate, 16th District; Daniel E. Boatwright, Member of the Assembly, 10th District
Tax Rates on Unsecured Property California Proposition 11 (1976).