ENDS TAXATION OF CERTAIN FOOD PRODUCTS. INITIATIVE CONSTITUTIONAL AMENDMENT AND STATUTE. • Amends Constitution to prohibit state and local governments from imposing sales or use taxes on food products which are exempt from such taxation under existing statutes or this initiative. • Adds statute exempting candy, bottled water, and snack foods from sales and use taxes. Summary of Legislative Analyst's Estimate of Net State and Local Government Fiscal Impact: • Reduces sales and use tax revenue to the state by $210 million in the current year (1992-93) and $330 million annually thereafter. • Reduces sales and use tax revenue to local governments by $70 million in the current year and $120 million annually thereafter.
Popular Vote Results
Y: 6967009; A: 66.62; N: 3491372; B: 33.38
Initiative constitutional and statute
Richard E. Floyd, Member of the Assembly, 53rd District; Peter Jensen, Executive Director, Calif. Bottled Water Assoc.; Jackie Speier, Member of the Assembly, 19th District
No argument against Proposition 163 was filed.
Ends Taxation of Certain Food Products. California Proposition 163 (1992).