2012 Alaska measure lone proposal on the ballot - so far
By Al Ortiz
The property tax exemption act is set to be placed on the August 2012 ballot. The measure, if enacted by state voters, would allow municipalities to overlook, at most, $50,000 of the value of residential properties when imposing taxes. According to reports, the homeowners’ exemption currently has a ceiling of $20,000.
The one year filing deadline for the proposed measure petition was June 25, 2010. Over 32,000 signatures from registered voters were needed to for the act to get on the 2010 ballot. The signature deadline to place the measure on the November 2, 2010 ballot was on January 19, 2010.
However, the initiative effort fell short, as the petition was not turned in due to insufficient signatures. During the week of June 4, 2010, the Alaska Division of Elections stated that the measure was 1,214 short of the 32,734 signatures needed to place the measure on the ballot.
The early January 19, 2010 deadline in Alaska was a function of the fact that Alaskan initiatives are indirect initiated state statutes, which means that they must be filed in time for the state legislature to weigh in on them. The group then had until the one year filing deadline in order for it to be placed on a 2012 election ballot, which it did.