California Proposition 3, Property Value Assessment Ratio and Veterans Exemption Amendment (1979)
| California Proposition 3 | |
|---|---|
 | |
| Election date November 6, 1979 | |
| Topic Taxes and Veterans | |
Status Approved | |
| Type Constitutional amendment | Origin State legislature |
California Proposition 3 was on the ballot as a legislatively referred constitutional amendment in California on November 6, 1979. It was approved.
A "yes" vote supported changing the property value assessment ratio from 25% to 100% (makes no changes to tax rates or tax liabilities) and requires the veterans' exemption to be adjusted to reflect any changes to the assessment ratio made by the state legislature. |
A "no" vote opposed changing the property value assessment ratio from 25% to 100%. |
Election results
|
California Proposition 3 |
||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
|
|
2,523,766 | 75.93% | ||
| No | 799,948 | 24.07% | ||
Text of measure
Ballot title
The ballot title for Proposition 3 was as follows:
| “ | Property taxation-- Veterans' exemption. Legislative constitutional amendment. | ” |
Ballot summary
The ballot summary for this measure was:
| “ | Adds Section 3.5 to Article XIII of the Constitution to require that, in any year in which the assessment ratio is changed, the legislature shall adjust the valuation of assessable property of eligible veterans, unmarried spouses of deceased veterans, and parents of deceased veterans to maintain the same proportionate values of such property. Financial impact: No effect on the amount of property taxes levied. No effect on tax liability of taxpayers claiming the veteran's exemption. Minor initial costs to local government. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
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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