HOMEOWNERS' PROPERTY TAX EXEMPTION
Legislative Constitutional Amendment. Provides for minimum exemption of $750.00 assessed valuation for owner occupied dwelling, if owner not granted veteran's or other exemption. Legislature shall provide for grants to counties, cities and counties, cities, and districts for revenue lost by such exemption. Legislature may establish maximum tax rates and bonding limitations for local government. Legislature may effect exemption for fiscal year 1968-1969 by direct payment of $70.00 to taxpayers entitled thereto. Declares there is a conflict between this measure and Proposition No.9 and one passed by greater vote shall prevail.
Popular Vote Results
Y: 3500368; A: 53.4; N: 3058978; B: 46.6
Senate Constitutional Amendment
Code Sections Affected
Added Cal. Const. art. XIII, section 1d
Jesse M. Unruh, Speaker of the Assembly; George Miller, Jr., Senator 7th District, Contra Costa County; Nicholas C. Petris, Senator 11th District, Alameda County
Clark L. Bradley, State Senator 14th Senatorial District; John G. Schmitz, State Senator Orange County
HOMEOWNERS' PROPERTY TAX EXEMPTION California Proposition 1a (1968).