Alaska Property Tax Limit, Measure 4 (2000)

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The Alaska Property Tax Limit Initiative, also known as Measure 4, was on the November 7, 2000 ballot in Alaska as an indirect initiated state statute, where it was defeated. The measure would have prohibited "certain municipalities from setting property tax rates above 10 mills."[1]

Election results

Alaska Measure 4 (2000)
ResultVotesPercentage
Defeatedd No193,76070.71%
Yes 80,276 29.29%

Election results via: Alaska Department of Elections

Text of measure

The language appeared on the ballot as:[1]

This initiative bars certain municipalities from setting property tax rates above 10 mills. The 10 mill cap will not apply to taxes to repay bonds issued before January 1, 2001. Taxes to pay for bonds issued after January 1, 2001, must be included in the 10 mill limit. The bill also repeals the law requiring the same mill rate on all properties. It sets the assessment of property at its value on January 1, 2001. Each year an assessment may rise no more than 2 percent. Property will be reassessed when it is sold or improved.

SHOULD THIS CONSTITUTIONAL AMENDMENT BE ADOPTED? Yes or No.[2]

See also

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External links

References

  1. 1.0 1.1 Alaska Department of Elections, "2000 Official Election Pamphlet: Ballot Measures," accessed February 6, 2015
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.