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California Proposition 5, Definitions Regarding Property Amendment (1980)
California Proposition 5 | |
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Election date |
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Topic Earthquake infrastructure and Taxes |
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Status |
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Type Legislatively referred constitutional amendment |
Origin |
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 |
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Result | Votes | Percentage | ||
Yes | 3,053,861 | 42.31% | ||
4,164,104 | 57.69% |
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
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State of California Sacramento (capital) |
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