Assembly Constitutional Amendment 27. Amends Section 1a of Article XIII of Constitution. Exempts from taxation the buildings and equipment, the grounds within which such buildings are located, not exceeding one hundred acres in area, and the securities and income used exclusively for educational purposes, of any educational institution in California of secondary grade, not conducted tor profit, and accredited to the University of California.
Popular Vote Results
Y: 343526; A: 35.9; N: 614659; B: 64.1
Assembly Constitutional Amendment
Edgar C. Levey, Assemblyman, Twenty-eighth District; Frank L. Eksward, Assemblyman, Forty-second District
EXEMPTING SECONDARY SCHOOLS FROM TAXATION California Proposition 11 (1926).