California Proposition 2, Housing Qualifications for the Veterans' Tax Exemption Amendment (1962)
| California Proposition 2 | |
|---|---|
 | |
| Election date November 6, 1962 | |
| Topic Taxes | |
Status Defeated | |
| Type Constitutional amendment | Origin State legislature |
California Proposition 2 was on the ballot as a legislatively referred constitutional amendment in California on November 6, 1962. It was defeated.
A “yes” vote supported establishing that a single-family dwelling owned by a nonprofit co-operative ownership housing corporation or trust under National Housing Act qualifies as property subject to the veterans' tax exemption. |
A “no” vote opposed establishing that a single-family dwelling owned by a nonprofit co-operative ownership housing corporation or trust under National Housing Act qualifies as property subject to the veterans' tax exemption. |
Election results
|
California Proposition 2 |
||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
| Yes | 1,608,488 | 33.12% | ||
|
|
3,248,227 | 66.88% | ||
-
- Results are officially certified.
- Source
Text of measure
Ballot title
The ballot title for Proposition 2 was as follows:
| “ | Veterans' Tax Exemption in Housing Project | ” |
Ballot summary
The ballot summary for this measure was:
| “ | Assembly Constitutional Amendment No. 70. Provides that "property" subject to veterans' tax exemption shall include single-family dwelling owned by a nonprofit co-operative ownership housing corporation or trust under National Housing Act, if occupied under "occupancy agreement" by a person entitled to veterans' exemption who has an interest in the corporation or trust which is represented by a membership or share certificate. | ” |
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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