Difference between revisions of "Arizona Property Tax Break For Business Equipment Amendment, Proposition 116 (2012)"

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{{Ballot measure information |  
 
{{Ballot measure information |  
  name        =  Property Tax Break for Business Equipment Amendment |  
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  name        =  Proposition 116 |  
 
  image  = [[File:Flag of Arizona.png|link=List of Arizona ballot measures|120px]] |
 
  image  = [[File:Flag of Arizona.png|link=List of Arizona ballot measures|120px]] |
 
  type  = [[Constitutional amendment]] |
 
  type  = [[Constitutional amendment]] |
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  topic = [[:Category:Taxes|Taxes]]|
 
  topic = [[:Category:Taxes|Taxes]]|
 
  status = On the ballot|
 
  status = On the ballot|
}}The '''Arizona Property Tax Break For Business Equipment Amendment''' will be on the [[Arizona 2012 ballot measures|November 6, 2012 general election]] ballot in the state of [[Arizona]] as a {{lrcafull}}.  The measure would give businesses in the state a break on property taxes on newly acquired business equipment. The proposal was sent to the ballot during [[Dates of 2012 state legislative sessions|2012 state legislative session]].<ref> [http://www.businessweek.com/ap/2012-04/D9UBCEMO0.htm ''Business Week'', "Arizona ballot measure set business equipment tax", April 24, 2012]</ref>
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}}The '''Arizona Property Tax Break For Business Equipment Amendment''', also known as '''Proposition 116''', will be on the [[Arizona 2012 ballot measures|November 6, 2012 general election]] ballot in the state of [[Arizona]] as a {{lrcafull}}.  The measure would give businesses in the state a break on property taxes on newly acquired business equipment. The proposal was sent to the ballot during [[Dates of 2012 state legislative sessions|2012 state legislative session]].<ref> [http://www.businessweek.com/ap/2012-04/D9UBCEMO0.htm ''Business Week'', "Arizona ballot measure set business equipment tax", April 24, 2012]</ref>
  
 
==Path to the ballot==
 
==Path to the ballot==

Revision as of 13:55, 25 July 2012

Proposition 116
Flag of Arizona.png
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Type:Constitutional amendment
Constitution:Arizona Constitution
Referred by:Arizona State Legislature
Topic:Taxes
Status:On the ballot
The Arizona Property Tax Break For Business Equipment Amendment, also known as Proposition 116, will be on the November 6, 2012 general election ballot in the state of Arizona as a legislatively-referred constitutional amendment. The measure would give businesses in the state a break on property taxes on newly acquired business equipment. The proposal was sent to the ballot during 2012 state legislative session.[1]

Path to the ballot

A majority vote is required in the Arizona State Legislature to send a constitutional amendment to the ballot. Arizona is one of ten states that allow a referred amendment to go on the ballot after a majority vote in one session of the state's legislature.

See also

References