Exempt from taxation buildings, grounds within which same are located not exceeding one hundred acres, equipment, securities and income used exclusively for educational purposes, of any educational institution of collegiate grade within this state not conducted for profit.
Popular Vote Results
Y: 331599; A: 53.0; N: 293721; B: 47.0
Senate Constitutional Amendment
Code Sections Affected
Amended Cal. Const. art. XIII, section 1a.
A. E. Campbell, State Senator Seventeenth District; Lee C. Gates, State Senator Thirty-fourth District
EXEMPTING EDUCATIONAL INSTITUTIONS FROM TAXATION California Proposition 4 (1914).