Washington Initiative 747 (2001)
The purpose of Initiative Measure 747 was to limit property tax increases to 1% per year. It was filed on January 8, 2001. 290,704 signatures were submitted.
On November 8, 2007, the Washington Supreme Court by a 5-4 vote invalidated I-747 in the case of Washington Citizens Action v. State, asserting that the state's voters did not understand what they were voting for.
The official language that appeared on the ballot read: "This measure would require state and local governments to limit property tax levy increases to 1% per year, unless an increase greater than this limit is approved by the voters at an election."
The summary that appeared on the ballot read: "This measure would establish new 'limit factors' for taxing districts in setting their property tax levies each year. For each local government taxing district, the limit factor would be a 1% increase over the highest of the district’s three previous annual property tax levies. For the state, the limit factor would be the lower of 1% or the rate of inflation. Taxing districts could levy higher than the limit factor with voter approval."