Your monthly support provides voters the knowledge they need to make confident decisions at the polls. Donate today.
California Proposition 11, Energy Related Businesses Surtax Initiative (June 1980)
| California Proposition 11 | |
|---|---|
|
|
|
| Election date |
|
| Topic Business taxes and Fossil fuel energy |
|
| Status |
|
| Type Initiated state statute |
Origin |
California Proposition 11 was on the ballot as an initiated state statute in California on June 3, 1980. It was defeated.
A “yes” vote supported establishing a 10% surtax on the taxable income of energy related businesses operating in California, establishing a credit that such business can take if they make investments in California to increase the production or refining of crude oil or gas, and establishing that funds collected from the surtax be deposited in the Transportation Planning and Development Account. |
A “no” vote opposed establishing a 10% surtax on the taxable income of energy related businesses operating in California, establishing a credit that such business can take if they make investments in California to increase the production or refining of crude oil or gas, and establishing that funds collected from the surtax be deposited in the Transportation Planning and Development Account. |
Election results
|
California Proposition 11 |
||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
| Yes | 2,821,150 | 44.32% | ||
|
|
3,544,840 | 55.68% | ||
Text of measure
Ballot title
The ballot title for Proposition 11 was as follows:
| “ | Taxation. Surtax. Initiative Statute. | ” |
Ballot summary
The ballot summary for this measure was:
| “ | Levies a 10-percent surtax on the business income from California sources of energy businesses (except public utilities) whose principal activity is the obtaining, processing, distributing or marketing of oil, gas, coal, or uranium. Allows a tax credit against surtax of $0.50 for every dollar invested in California after January 1, 1979, to increase the production or refining of California crude oil or gas over 1978 base levels. Requires that surtax proceeds be used to fund increased bus and rail service for Californians and to develop alternative transportation fuels. Prohibits businesses from passing surtax on to consumers. Fiscal impact on local or state governments: Depending on exact amount of tax credits claimed in each year, estimated state revenue increases of $150 to $420 million in 1980-81, and $165 to $470 million in 1981-82 could occur. Under existing statutes, approximately one-half of increases would be distributed to local governments for improvement of public transit services. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
In California, the number of signatures required for an initiated state statute is equal to 5 percent. For initiated statutes filed in 1980, at least 346,119 valid signatures were required.
See also
External links
Footnotes
 |
State of California Sacramento (capital) |
|---|---|
| Elections |
What's on my ballot? | Elections in 2025 | How to vote | How to run for office | Ballot measures |
| Government |
Who represents me? | U.S. President | U.S. Congress | Federal courts | State executives | State legislature | State and local courts | Counties | Cities | School districts | Public policy |
