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California Proposition 5, Definitions Regarding Property Amendment (1980)

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California Proposition 5

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Election date

November 4, 1980

Topic
Earthquake infrastructure and Taxes
Status

DefeatedDefeated

Type
Legislatively referred constitutional amendment
Origin

State legislature



California Proposition 5 was on the ballot as a legislatively referred constitutional amendment in California on November 4, 1980. It was defeated.

A “yes” vote supported establishing that reconstruction of property after a disaster and reconstruction of a property to comply with seismic safety laws shall not constitute property that is "newly constructed" and establishing that the acquisition of property to replace property damaged or destroyed by a disaster or property taken through eminent domain or other condemnation does not constitute a "change in ownership".

A “no” vote opposed establishing that reconstruction of property after a disaster and reconstruction of a property to comply with seismic safety laws shall not constitute property that is "newly constructed" and establishing that the acquisition of property to replace property damaged or destroyed by a disaster or property taken through eminent domain or other condemnation does not constitute a "change in ownership".


Election results

California Proposition 5

Result Votes Percentage
Yes 3,053,861 42.31%

Defeated No

4,164,104 57.69%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Proposition 5 was as follows:

Taxation. Real Property Valuation. Disasters, Seismic Safety, Change in Ownership

Ballot summary

The ballot summary for this measure was:

TAXATION. REAL PROPERTY VALUATION. DISASTERS, SEISMIC SAFETY, CHANGE IN OWNERSHIP. LEGISLATIVE CONSTITUTIONAL AMENDMENT. Amends Article XIII A, Section 2, to provide that in valuing real property: "newly constructed" shall not include reconstruction of comparable improvements after a disaster, as defined by Legislature, or reconstruction or improvement to comply with seismic safety laws; and "change in ownership" shall not include the acquisition of comparable real property as a replacement for property damaged or destroyed as a result of such a disaster or if the person acquiring the property was displaced by eminent domain proceedings, acquisition by a governmental agency, or inverse condemnation. Fiscal impact on state and local governments: Local--Unknown, but probably significant, loss of property tax revenues. Moderate increase in assessment costs. State--Unknown additional costs in aid to local school districts. Unknown increase in income tax revenues.

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