Washington Initiative Measure 747
, also known as the Limiting Property Tax Increases Act
, was on the November 6, 2001
election ballot in Washington
as an Initiative to the People
, where it was approved.
| Washington Initiative Measure 747|
| Yes|| 826,258|| 57.6%|
In 2007, I-747 was declared unconstitutional by a Washington State court.
Text of measure
The language that appeared on the ballot:
The measure would change all of the limitation factors on property tax levy increases to 101%. For taxing districts with populations less than 10,000, the new limitation factor would be 101% of the highest of the three previous annual levies. For the state, the new limitation factor would be the lower of 101% or the previous year's inflation rate. For other taxing districts, the limitation factor would be the lower of these two numbers, but if the inflation rate is less than 1%, the district could increase its levy to the 101% level using the same special procedure and declaration of special need as in existing law.
A taxing district could levy higher amounts with approval of the voters at a general election held in the district or at a special election called for that purpose. The election must be held less than twelve months before the date on which the proposed levy will be made. A majority of those voting would be required for approval.
Path to the ballot
- The language was filed on January 8, 2001 by Tim Eyman of Mukilteo, Leo Fagan of Spokane, Ray Benham of Kennewick, and M. J. Fagan of Spokane.
- 290,704 signatures were filed and found sufficient.