Michigan Ballot Proposal C, Tax Exemptions and Property Tax Assessments Initiative (1992)

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Michigan Ballot Proposal C

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Election date

November 3, 1992

Topic
Property tax exemptions and Property taxes
Status

DefeatedDefeated

Type
Initiated constitutional amendment
Origin

Citizens



Michigan Ballot Proposal C was on the ballot as an initiated constitutional amendment in Michigan on November 3, 1992. It was defeated.

A “yes” vote supported exempting portions of school property from taxation and limiting increases on property tax assessments.

A “no” vote opposed exempting portions of school property from taxation and limiting increases on property tax assessments.


Election results

Michigan Ballot Proposal C

Result Votes Percentage
Yes 1,552,119 40.54%

Defeated No

2,276,360 59.46%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Ballot Proposal C was as follows:

BALLOT PROPOSAL C

A PROPOSAL TO EXEMPT PROPERTY FROM A PORTION OF SCHOOL OPERATING PROPERTY TAXES AND LIMIT ANNUAL INCREASES IN ALL PROPERTY TAX ASSESSMENTS

The proposed constitutional amendment would:

1) Exempt property from the following proportion of school operating property taxes: 10% in 1993; 15% in 1994; 20% in 1995; 25% in 1996; and 30% in following years.

2) Require the state to reimburse school districts for the property tax exemptions described in paragraph (1) above, up to the millage rate levied in 1991.

3) Limit for each parcel of property (excluding new construction) the annual assessment increase to 3% or the rate of inflation, whichever is less, until the property is sold. Whenever property is sold, adjust assessment according to current market value of the property.

Should this proposal be adopted?

YES   NO


Path to the ballot

See also: Signature requirements for ballot measures in Michigan

An initiated constitutional amendment is a citizen-initiated ballot measure that amends a state's constitution. Eighteen (18) states allow citizens to initiate constitutional amendments.

In Michigan, the number of signatures required for an initiated constitutional amendment is equal to 10% of the votes cast in the last gubernatorial election. A simple majority vote is required for voter approval.

See also


Footnotes

External links