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Washington "Property Tax Fairness" Initiative (2016)
Washington "Property Tax Fairness" Initiative | |
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Type | Initiated state statute |
Origin | Citizens |
Topic | Taxes |
Status | Not on the ballot |
Not on Ballot |
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This measure was not put on an election ballot |
The "Property Tax Fairness" Initiative was an initiated state statute proposed for the Washington ballot on November 8, 2016. Signatures were not filed by December 31, 2015, and the initiative did not appear on the ballot.
The initiative would have decreased regular property tax levies by 25 percent of the total otherwise allowed per year.[1]
Text of measure
Initiative 742
Ballot title
The ballot title was as follows:[1]
“ | Initiative Measure No. 742 concerns property taxes.
This measure would reduce regular property tax levies by 25% of the maximum amount otherwise allowed each year, except for voter-approved levies, and limit annual increases to .5% unless voters approve greater increases. Should this measure be enacted into law? Yes [ ] No [ ][2] |
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Ballot summary
The ballot summary was as follows:[1]
“ | This measure would, beginning in 2017, reduce regular property tax levies by 25% of the amount otherwise allowed by statute. The reduction would not be cumulative or affect voter-approved levies. It would require that regular property tax increases be limited to .5% per year absent voter approval in the taxing district, and require voter approval for certain exceptions to levy limitations.[2] | ” |
Full text
The full text can be found here.
Initiative 744
Ballot title
The ballot title was as follows:[1] {{QuoteInitiative Measure No. 744 concerns property taxes.
This measure would reduce regular property tax levies by 25% of the maximum amount otherwise allowed each year, except for voter-approved levies, and limit annual increases to 0.5% unless voters approve greater increases.
Should this measure be enacted into law? Yes [ ] No [ ]}}
Ballot summary
The ballot summary was as follows:[1]
“ | This measure would reduce each taxing district’s regular property tax levies by 25% of the amount otherwise allowed, beginning in 2017. The yearly levy reductions would not be cumulative. Voter-approved levies would not be affected by the 25% reduction. The measure also would require that growth in the regular property tax levy for each taxing district be limited to 0.5% per year, unless the voters approve a greater increase.[2] | ” |
Full text
The full text can be found here.
Path to the ballot
Supporters were required to submit at least 246,372 valid signatures per version. If certified, initiatives to the legislature would have been sent to the state House and Senate for consideration. The Legislature would have chosen whether to enact the measure, send it to the 2016 ballot alone, or send it to the ballot alongside an alternative proposition.
See also
Footnotes
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State of Washington Olympia (capital) |
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