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Washington Tax Increment Financing Districts, SJR 143 (1982)

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The Washington Tax Increment Financing Districts Amendment, also known as Senate Joint Resolution 23, was on the November 2, 1982 ballot in Washington as a legislatively-referred constitutional amendment, where it was defeated. The measure would have permitted local governments to finance development projects through the creation of districts and the resulting tax revenues from the increased values of benefited properties in these districts. The measure would have added a new section to Article VII of the Washington Constitution.[1]

Aftermath

A similar measure attempting to permit tax increment financing districts was placed on the ballot in 1985, where it was defeated.[2]

Election results

Washington SJR 143 (1982)
ResultVotesPercentage
Defeatedd No882,19469.18%
Yes 393,030 30.82%

Election results via: Washington Secretary of State

Text of measure

The language that appeared on the ballot:[1]

This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.

Shall financing of public improvements from taxes on increased property values as a result of such improvements be constitutionally authorized?

Path to the ballot

A similar measure was on the ballot in 1973, but was defeated. In 1982, the Community Redevelopment Financing Act, which allowed a portion of property taxes to assist in the financing of public facilities, was adopted by the Legislature.[3] Senate Joint Resolution 143 was to authorize the financing methods described in the Act. The proposed constitutional amendment was placed on the ballot as provided for by the state constitution.[2]

See also

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