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California Proposition 18, Taxation of Community Redevelopment Projects Amendment (1952)
| California Proposition 18 | |
|---|---|
 | |
| Election date November 4, 1952 | |
| Topic Taxes | |
Status Approved | |
| Type Constitutional amendment | Origin State legislature |
California Proposition 18 was on the ballot as a legislatively referred constitutional amendment in California on November 4, 1952. It was approved.
A “yes” vote supported declaring all property that is part of a community redevelopment project subject to taxation (except that deemed exempted because of public ownership), determining the amount of taxes to be collected, and determining how such tax revenue is divided. |
A “no” vote opposed declaring all property that is part of a community redevelopment project subject to taxation (except that deemed exempted because of public ownership), determining the amount of taxes to be collected, and determining how such tax revenue is divided. |
Election results
|
California Proposition 18 |
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|---|---|---|---|---|
| Result | Votes | Percentage | ||
|
|
2,456,168 | 65.89% | ||
| No | 1,271,376 | 34.11% | ||
Text of measure
Ballot title
The ballot title for Proposition 18 was as follows:
| “ | Community Redevelopment Projects | ” |
Ballot summary
The ballot summary for this measure was:
| “ | Assembly Constitutional Amendment No. 55. Adds Section 19 to Article XIII of Constitution. Authorizes financing cost of development projects from portion of revenue derived from taxes on taxable property within project. Provides that taxing agencies shall continue to receive tax revenues based on assessed value of such property at time of approval of redevelopment plan. Authorizes and validates laws permitting use of additional tax revenue, based on later increases in assessed value, for payment of bonds or other obligations of the redevelopment agency and permitting the agency to pledge such income as security for its obligations. | ” |
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
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State of California Sacramento (capital) |
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