California Proposition 171, Replacement Property Transfer Amendment (1993)
From Ballotpedia
| California Proposition 171 | |
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| Topic Property and Taxes |
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| Status
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| Type Legislatively referred constitutional amendment |
Origin |
California Proposition 171 was on the ballot as a legislatively referred constitutional amendment in California on November 2, 1993. It was approved.
A “yes” vote supported authorizing the legislature to extend special valuation provisions to replacement structures located in different counties, meaning that a property owner can transfer the current assessed value of his original property to a replacement property in another county, but only if the county in which the property is located has agreed to participate.
A “no” vote opposed authorizing the legislature to extend special valuation provisions to replacement structures located in different counties, meaning that a property owner can transfer the current assessed value of his original property to a replacement property in another county, but only if the county in which the property is located has agreed to participate.
Election results
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California Proposition 171 |
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| Result | Votes | Percentage |
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2,449,504 | 51.70% |
| No | 2,288,046 | 48.30% |
Text of measure
Ballot title
The ballot title for Proposition 171 was as follows:
| “ | Property Taxation. Transfer of Base Year Value. | ” |
Ballot summary
The ballot summary for this measure was:
| “ | PROPERTY TAXATION. TRANSFER OF BASE YEAR VALUE. LEGISLATIVE CONSTITUTIONAL AMENDMENT. • Authorizes Legislature to authorize county boards of supervisors to adopt an ordinance allowing transfer of base year value of property located in another county substantially damaged or destroyed by a disaster, to replacement property located within adopting county, acquired or newly constructed within three years of substantial damage or destruction. • Specifies that scope and amount of benefits from transfer are subject to existing constitutional provisions. • Provisions applicable to replacement property acquired on or after October 20, 1991, and to determination of base year values for fiscal years 1991-92 and thereafter. Summary of Legislative Analyst's Estimate of Net State and Local Government Fiscal Impact: • If implemented, local property tax revenues could decrease by an unknown, but probably not significant, amount. • About half of any local property tax losses would be made up by additional state payments to school districts. | ” |
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.
