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California Proposition 7, Property of Historical Significance Valuation Amendment (June 1976)
| California Proposition 7 | |
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| Election date |
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| Topic Property tax exemptions and Property taxes |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
California Proposition 7 was on the ballot as a legislatively referred constitutional amendment in California on June 8, 1976. It was approved.
A “yes” vote supported establishing the definition of property of historical significance, establishing the manner in which property of historical significance is to be determined eligible for a reduction in appraised value, and requiring the tax assessor to use the reduced value when appraising. |
A “no” vote opposed establishing the definition of property of historical significance, establishing the manner in which property of historical significance is to be determined eligible for a reduction in appraised value, and requiring the tax assessor to use the reduced value when appraising. |
Election results
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California Proposition 7 |
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| Result | Votes | Percentage | ||
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2,794,614 | 54.37% | ||
| No | 2,345,662 | 45.63% | ||
Text of measure
Ballot title
The ballot title for Proposition 7 was as follows:
| “ | Taxation of Restricted Historic Property | ” |
Ballot summary
The ballot summary for this measure was:
| “ | TAXATION OF RESTRICTED HISTORIC PROPERTY. LEGISLATIVE CONSTITUTIONAL AMENDMENT. Authorizes the Legislature to define property of historical significance and to restrict the uses of such property to preserve its historical significance. If the use of such property is enforceably restricted by the Legislature, the property must be valued for property tax purposes only on a basis which is consistent with its restrictions and uses. Financial impact: No direct fiscal effect-depends upon the adoption of implementing legislation. | ” |
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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