Assembly Constitutional Amendment 33. Adds Section 5 to Article XIII of constitution. Authorizes appropriations by state from general revenues after legislative investigations to reimburse any city for loss of revenue resulting from taxation exemption allowed by Section 1 ¼ of same article on account of military service, provided the value of the property so exempted is not less than five per cent of total assessed valuation of property in such city.
Popular Vote Results
Y: 115727; A: 30.6; N: 262421; B: 69.4
Assembly Constitutional Amendment
Charles W. Lyon, Assemblyman Sixty-second District; J. E. Manning, Assemblyman Seventeenth District
REIMBURSING CITIES FOR REVENUE LOSSES FROM TAXATION EXEMPTIONS FOR MILITARY SERVICE California Proposition 12 (1918).