Alaska Measure 4, Property Tax Cap, Assessment Limits, and Uniform Rate Repeal Initiative (2000)

Alaska Measure 4
Election date November 7, 2000
Topic Local government finance and taxes and Property taxes
Status Defeated
Type Indirect initiated state statute	Origin Citizens

Alaska Measure 4 was on the ballot as an indirect initiated state statute in Alaska on November 7, 2000. It was defeated.

A "yes" vote supported amending the constitution to: cap property tax rates in certain municipalities at 10 mills (equal to $10 in tax for every $1,000 of assessed property value); repeal the requirement that all properties be taxed at the same rate; set property assessments based on their value as of January 1, 2001, and limit annual increases in assessed value to no more than 2%; and require reassessment when a property is sold or significantly improved.

A "no" vote opposed amending the constitution, thereby keeping existing laws on property tax rates, uniform taxation, and property assessments.

Election results

Alaska Measure 4
Result		Votes	Percentage
Yes		80,276	29.29%
No		193,760	70.71%

Results are officially certified.

Source

Text of measure

Ballot title

The ballot title for Measure 4 was as follows:

“

This initiative bars certain municipalities from setting property tax rates above 10 mills. The 10 mill cap will not apply to taxes to repay bonds issued before January 1, 2001. Taxes to pay for bonds issued after January 1, 2001, must be included in the 10 mill limit. The bill also repeals the law requiring the same mill rate on all properties. It sets the assessment of property at its value on January 1, 2001. Each year an assessment may rise no more than 2 percent. Property will be reassessed when it is sold or improved. SHOULD THIS CONSTITUTIONAL AMENDMENT BE ADOPTED? Yes or No.

”

Path to the ballot

See also: Signature requirements for ballot measures in Alaska

An indirect initiated state statute is a citizen-initiated ballot measure that amends state statute. While a direct initiative is placed on the ballot once supporters file the required number of valid signatures, an indirect initiative is first presented to the state legislature. Legislators have a certain number of days, depending on the state, to adopt the initiative into law. Should legislators take no action or reject the initiative, a second round of signatures is required to put the initiative on the ballot for voters to decide.

See also

2000 Measures

• 2000 Measures
• Local government finance and taxes on the ballot
• Property taxes on the ballot
• Revenue and spending limits on the ballot
• 2000 legislative sessions

Alaska

• Alaska ballot measures
• Alaska ballot measure laws

News and analysis

• Ballot measure lawsuits
• Ballot measure readability
• Ballot measure polls

External links

• Alaska 2000 Election Results
• 2000 Alaska Voter Guide