Alaska property tax initiative falls short of 2012 ballot

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June 7, 2010

JUNEAU, Alaska: An initiative concerning property taxes in Alaska will not appear before voters in 2012, as the effort fell short in signatures, according to the Alaska Elections Division. 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. Then, the chance to put the measure on the 2012 ballot failed during the week of June 4, 2010, when 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 future ballot.[1]

The early January 19 deadline for 2010 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.[2][3][4]

The measure, if enacted by Alaska voters, would have allowed 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.[2]

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