Assembly Constitutional Amendment 49. Amends Section 1 ¾ of Article XIII of Constitution. Declares that all bonds hereafter issued by the State of California, or by any county, city and county, municipal corporation or district, including school, reclamation, irrigation, and public• utility districts, within this state, shall be free and exempt from taxation.
Popular Vote Results
Y: 314750; A: 38.1; N: 511364; B: 61.9
Assembly Constitutional Amendment
Chris B. Fox, Assemblyman Fortieth District; Edwin A. Mueller, Assemblyman Eightieth District
Bert Snyder, Assemblyman Seventh District
BONDS California Proposition 14 (1924).