California Proposition 10, Fire Insurance Company Taxation Amendment (1924)

California Proposition 10
Election date November 4, 1924
Topic Insurance
Status d Defeated
Type Constitutional amendment	Origin State legislature

California Proposition 10 was on the ballot as a legislatively referred constitutional amendment in California on November 4, 1924. It was defeated.

A “yes” vote supported exempting county fire insurance companies from the state taxes on insurance companies.

A “no” vote opposed exempting county fire insurance companies from the state taxes on insurance companies.

Election results

California Proposition 10
Result		Votes	Percentage
Yes		287,194	37.09%
No		487,126	62.91%

Results are officially certified.

Source

Text of measure

Ballot title

The ballot title for Proposition 10 was as follows:

“

State Taxation

”

Ballot summary

The ballot summary for this measure was:

“

Assembly Constitutional Amendment 51. Amends Section 14 of Article XIII of Constitution. Exempts from the state tax on insurance companies county fire insurance companies organized under act of April 1, 1897; .provides that state shall reimburse all counties for net loss in county revenue occasioned by withdrawal of property from county taxation, and directs Legislature to provide for reimbursement from county general funds to districts suffering loss from such withdrawals.

”

Full Text

The full text of this measure is available here.

Path to the ballot

See also: Amending the California Constitution

A two-thirds vote was needed in each chamber of the California State Legislature to refer the constitutional amendment to the ballot for voter consideration.

See also

1924 Measures

• 1924 Measures
• Insurance policy on the ballot
• Taxes on the ballot
• 1924 legislative sessions

California

• California ballot measures
• California ballot measure laws

News and analysis

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

External links

• California Voter Guide (November 1924)