Proposition Summary

TAXATION--REHABILITATED PROPERTY--LEGISLATIVE CONSTITUTIONAL AMENDMENT. Adds Constitution, article XIII, section 44, to give Legislature power to exempt from taxation all or portion of full value of a qualified rehabilitated residential dwelling, as defined by Legislature, for five fiscal years following rehabilitation of such dwelling. Exemption shall be amount equal to full value of such rehabilitation up to maximum amount specified by Legislature, and shall be applied only to that portion of full value attributable to such rehabilitation which exceeds full value of dwelling before rehabilitation. Financial impact: Would cause minor increase in state costs. Net effect of exemption on local revenues cannot be predicted.

Proposition Number

10

Year

1978

Document Type

Proposition

Pass/Fail

Fail

Legislative Vote Results

FINAL VOTE CAST BY LEGISLATURE ON SCA 29 (PROPOSITION 10) Assembly - Ayes, 70; Noes, 2 -- Senate - Ayes, 27; Noes, 0

Popular Vote Results

Y: 2306938; A: 42.8; N: 3080947; B: 57.2

Election Type

Primary

Proposition Type

Senate Constitutional Amendment

For Author

Milton Marks, Member of the Senate, 5th District; Pat Russell, Councilwoman, City of Los Angeles; John F. Henning, Executive Secretary/Treasurer, California Labor Federation AFL-CIO

Against Author

William E. Dannemeyer, Member of the Assembly, 69th District

Rebuttal Author

William E. Dannemeyer, Member of the Assembly, 69th District

Rebuttal Against Author

Milton Marks, State Senator, 5th District; Pat Russell, Councilwoman, City of Los Angeles; John F. Henning, Executive Secretary/Treasurer, California Labor Federation AFL-CIO

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