TAXATION. REAL PROPERTY VALUATION. NEW CONSTRUCTION. LEGISLATIVE CONSTITUTIONAL AMENDMENT. Under existing constitutional provisions, real property is reappraised for ad valorem tax purposes when "newly constructed." This measure adds to existing definitions and allowed exceptions a provision that the Legislature may provide that the term "newly constructed" shall not include the construction or addition of any fire sprinkler system or fire alarm system, as defined by the Legislature, provided that the construction or addition is not required by state law or local ordinance. Summary of Legislative Analyst's estimate of net state and local government fiscal impact: No impact until implemented by legislation. When implemented there would be: Unknown local government loss of property tax revenues and minor to moderate increased appraisal costs. Unknown increased state costs to offset revenue losses of school and community college districts and, possibly, other local governments for property tax revenue loss. Minor increase in state income tax revenues due to lower property tax deductions.
Legislative Vote Results
Assembly - Ayes, 67; Noes, 0 -- Senate - Ayes, 33; Noes, 0
Popular Vote Results
Y: 2802425; A: 41.3; N: 3990336; B: 58.7
Assembly Constitutional Amendment
Nolan Frizzelle, O.D., Member of the Assembly, 73rd District; Frank Vicencia, Member of the Assembly, 54th District Chairman, Assembly Governmental Organization Committee
Timothy D. Weinland, Attorney at Law
Rebuttal Against Author
Nolan Frizzelle, O.D., Member of the Assembly, 73rd District
Taxation. Real Property Valuation. New Construction. California Proposition 7 (1982).