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Arizona Proposition 117, Property Tax Increase Cap Amendment (2012)
| Arizona Proposition 117 | |
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| Election date |
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| Topic Property and Taxes |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Arizona Proposition 117 was on the ballot as a legislatively referred constitutional amendment in Arizona on November 6, 2012. It was approved.
A "yes" vote supported setting a 5% annual cap on increases in property values used to determine property taxes and establishing a single limited property value as the basis for calculating all property taxes on real property. |
A "no" vote opposed setting a 5% annual cap on increases in property values used to determine property taxes and establishing a single limited property value as the basis for calculating all property taxes on real property. |
Election results
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Arizona Proposition 117 |
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| Result | Votes | Percentage | ||
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1,132,766 | 56.67% | ||
| No | 866,249 | 43.33% | ||
Text of measure
Ballot title
The ballot title for Proposition 117 was as follows:
| “ | PROPOSING AN AMENDMENT TO THE CONSTITUTION OF ARIZONA; AMENDING ARTICLE IX, SECTION 18, CONSTITUTION OF ARIZONA; RELATING TO PROPERTY TAX ASSESSED VALUATION. | ” |
Ballot summary
The ballot summary for this measure was:
| “ | BEGINNING IN 2014, SETS A LIMIT ON THE ANNUAL PERCENTAGE INCREASE IN PROPERTY VALUES USED TO DETERMINE PROPERTY TAXES TO NO MORE THAN 5% ABOVE THE PREVIOUS YEAR, AND ESTABLISHES A SINGLE LIMITED PROPERTY VALUE AS THE BASIS FOR DETERMINING ALL PROPERTY TAXES ON REAL PROPERTY. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
- See also: Amending the Arizona Constitution
A simple majority vote was needed in each chamber of the Arizona State Legislature to refer the constitutional amendment to the ballot for voter consideration.
See also
External links
Footnotes
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State of Arizona Phoenix (capital) |
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