Assembly Constitutional Amendment No. 24. Permits extension of welfare tax exemption for religious, hospital or charitable purposes to property leased for a period of 99 years (excluding houses or dwellings), such exemption to be applicable only to improvements by lessee in accordance with procedures and limitations adopted by Legislature. Provides that exemption for leased property shall only be effective in counties so providing by ordinance.
Popular Vote Results
Y: 1452982; A: 32.3; N: 3039775; B: 67.7
Assembly Constitutional Amendment
Jerome R. Waldie, Assemblyman, 10th District; William Byron Rumford, Assemblyman, 17th District
Frank J. Walton, Business executive Arcadia, California
WELFARE EXEMPTION: LEASED PROPERTY California Proposition 10 (1962).