Introduced
by
To place before voters in the next general election a Constitutional amendment to establish that that, after 2009, if a property’s assessed value decreases the taxable value not be allowed to increase, as it does now under the enacting language adopted by the legislature following passage of the 1994 Proposal A. Instead, the taxable value would be the property's taxable value in the preceding year or its assessed value, whichever is less.
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the joint resolution then be adopted.
Substitute offered
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Failed in the Senate 23 to 11 (details)
Motion to reconsider
by
The vote by which the joint resolution was not adopted.
The motion passed by voice vote
Received
Amendment offered
by
To require the state to use its tax revenues to replace any tax revenues local governments would not collect as a result of this measure.
The amendment failed 15 to 22 (details)
Passed in the Senate 29 to 8 (details)
To place before voters in the next general election a Constitutional amendment to establish that that, after 2009, if a property’s assessed value decreases the taxable value not be allowed to increase, as it does now under the enacting language adopted by the legislature following passage of the 1994 Proposal A. Instead, the taxable value would be the property's taxable value in the preceding year or its assessed value, whichever is less.
Referred to the Committee on Tax Policy
