Alaska Property Tax Limit (2000)

From Ballotpedia

Alaska Ballot Measure 4 appeared on the November 2000 ballot in Alaska. The measure was defeated, with 29% in favor.^[1] It was a property tax relief measure, and a citizen-sponsored initiative.

The wording for the initiative said:

"An Act providing property tax and assessment relief. 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 initiative become law?"

See also

• Alaska 2000 ballot measures

References

1. ↑ Alaska 2000 election results

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	v • d • e Alaska ballot initiatives and referenda
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