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Washington Maximum Regular Property Tax Levies Measure, Initiative 1368 (2015)
Not on Ballot |
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This measure was not put on an election ballot |
The Washington Maximum Regular Property Tax Levies Measure, Initiative 1368 was not on the November 3, 2015 ballot in the state of Washington as an Initiative to the People. If approved by voters, the measure would have done the following:[1]
- Reduced maximum regular property tax levies each year to 25 percent less than otherwise permitted
- Reenacted the requirement that regular property tax increases be limited to one percent annually
- Required voter approval for exceptions to levy limitations
Text of measure
Ballot title
The official ballot title was as follows:[1]
“ | Initiative Measure No. 1368 concerns property taxes.
This measure would reduce maximum regular property tax levies each year to an amount 25% less than otherwise permitted, except for voter-approved levies, and require voter approval for certain exceptions to levy limitations. Should this measure be enacted into law? Yes [ ] No [ ][2] |
” |
Ballot measure summary
The ballot summary was as follows:[1]
“ | This measure would reduce allowable regular property tax levies for taxing districts, beginning in 2016, to an amount 25% less than otherwise allowed by statute. The reduction would not be cumulative or affect voter-approved levies. It would reenact the requirement that regular property tax increases be limited to 1% annually absent voter approval, and require voter approval for certain exceptions to levy limitations. Certain votes to increase levies could be held only at general elections.[2] | ” |
Full text
The full text of the measure is available here.[1]
Support
This measure was sponsored by Tim Eyman, M.J. Fagan and Leo J. Fagan. Supporters called the measure the ""Property Tax Fairness" Initiative."[1]
Path to the ballot
Supporters were required to collect at least 246,372 valid signatures by July 2, 2015, in order to land the initiative on the ballot.
See also
- Washington 2015 ballot measures
- 2015 ballot measures
- Initiative to the People
- Laws governing the initiative process in Washington
External links
Footnotes
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State of Washington Olympia (capital) |
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