California Proposition 14, Public Bonds Exempt from Taxation Amendment (1924)

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California Proposition 14

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Election date

November 4, 1924

Topic
Bond issues and Taxes
Status

DefeatedDefeated

Type
Legislatively referred constitutional amendment
Origin

State legislature



California Proposition 14 was on the ballot as a legislatively referred constitutional amendment in California on November 4, 1924. It was defeated.

A "yes" vote supported providing that state and local public bonds are exempt from taxation.

A "no" vote opposed providing that state and local public bonds are exempt from taxation.


Election results

California Proposition 14

Result Votes Percentage
Yes 314,750 38.10%

Defeated No

511,364 61.90%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Proposition 14 was as follows:

Bonds. Assembly Constitutional Amendment 49.

Ballot summary

The ballot summary for this measure was:

Amends Section 1 3/4 of Article XIII of Constitution. Declares that all bonds hereafter issued by the State of California, or by any count, city and county, municipal corporation or district, including school, reclamation, irrigation, and public utility districts, within this state, shall be free and exempt from taxation.

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


External links

Footnotes