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California Proposition 127, Exclude Earthquake Safety Modifications from Tax Assessments Amendment (1990)

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California Proposition 127
Flag of California.png
Election date
November 6, 1990
Topic
Earthquakes and Taxes
Status
Approveda Approved
Type
Constitutional amendment
Origin
State legislature

California Proposition 127 was on the ballot as a legislatively referred constitutional amendment in California on November 6, 1990. It was approved.

A "yes" vote supported amending the state constitution to exclude earthquake safety modifications from property tax assessments until the property is sold.

A "no" vote opposed amending the state constitution to exclude earthquake safety modifications from property tax assessments until the property is sold.


Election results

California Proposition 127

Result Votes Percentage

Approved Yes

4,431,687 61.70%
No 2,750,765 38.30%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Proposition 127 was as follows:

Earthquake Safety. Property Tax Exclusion. Legislative Constitutional Amendment

Ballot summary

The ballot summary for this measure was:

Amends California Constitution to authorize Legislature to exclude from property tax assessment construction or installation of earthquake safety improvements in existing buildings.

  • Authorizes Legislature to define improvements eligible for the exclusion.
  • Existing 15 year exclusion applicable to earthquake safety reconstruction or improvements for specified existing unreinforced masonry buildings not affected by this amendment.

Full Text

The full text of this measure is available here.

Fiscal impact

The fiscal estimate provided by the California Legislative Analyst's Office said:[1]

If Legislature fully implements measure, it would reduce annual property tax collections from assessment of earthquake safety modifications beginning 1990-91.
  • Revenue loss could be millions of dollars annually. Cities, counties, and special districts would bear approximately two-thirds of the loss; school and community college districts one-third.
  • State may have to replace lost school district revenues, depending on the formula used to determined K-14 education funding guarantee under existing state Constitution requirements.[2]

Path to the ballot

See also: Signature requirements for ballot measures in California

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. The California State Legislature voted to put Proposition 127 on the ballot via Senate Constitutional Amendment 33 (Statutes of 1990, Resolution Chapter 57).

See also


External links

Footnotes

  1. University of California, "Voter Guide," accessed July 12, 2021
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.