California Proposition 175 (1994)
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California Proposition 175, also known as the Renters' Income Tax Credit was on the June 3, 1994 primary election ballot in California as a legislatively-referred constitutional amendment, where it was defeated.
Proposition 175 would have amended the California Constitution by allowing a credit to qualified renters against their net income tax.
- Yes: 1,907,537 (42.63%)
- No: 2,567,476 (57.37%)
Ballot language
The ballot title read:
- RENTERS' INCOME TAX CREDIT. LEGISLATIVE CONSTITUTIONAL AMENDMENT.
The ballot summary was:
- Amends Constitution by allowing a credit to qualified renters against their net income tax.
- Credit to be not less than $120 for married couples filing joint returns, heads of household, and surviving spouses, and not less than $60 for individuals.
- Authorizes Legislature to amend existing statutes and adopt new statutes to timely or properly administer the credit.
- Applies to taxable years beginning on or after January 1, 1995.
The fiscal estimate provided by the California Legislative Analyst's Office said:
- Adoption of this measure would result in state costs of about $100 million in 1995-96.
- Unknown but potential increase in costs in the future, depending upon actions that would otherwise be taken by the state to reduce the renters' credit.
External links
- Statement of vote, California June 3, 1994 statewide elections
- Los Angeles Law Library, 1994 ballot propositions
