June 4, 2018 - The following information is provided by the California Secretary of State on Proposition 72, California Statewide Ballot Measure for the June 5, 2018 Election.
PROP
72
PERMITS LEGISLATURE TO EXCLUDE NEWLY CONSTRUCTED RAIN-CAPTURE SYSTEMS FROM PROPERTY-TAX REASSESSMENT REQUIREMENT. LEGISLATIVE CONSTITUTIONAL AMENDMENT.
SUMMARY
Put on the Ballot by the Legislature
Permits Legislature to allow construction of rain-capture systems, completed on or after January 1, 2019, without requiring property-tax reassessment. Fiscal Impact: Probably minor reduction in annual property tax revenues to local governments.
WHAT YOUR VOTE MEANS
YES - A YES vote on this measure means: Installing a system to collect and store rainwater on a property could not result in a higher property tax bill.
NO - A NO vote on this measure means: Installing a system to collect and store rainwater on a property could result in a higher property tax bill.
ARGUMENTS
PRO - Proposition 72 will prevent a property tax increase on homeowners who install rainwater recycling systems that benefit our entire state. Eliminating this tax penalty will preserve precious drinking water; help fish and wildlife; lower water bills. People shouldn't pay a tax penalty for conserving water. Yes on Proposition 72.
CON - No argument against Proposition 72 was submitted.
FOR ADDITIONAL INFORMATION
FOR
- Steven Glazer
- California State Senate
- 21C Orinda Wy. #111
- Orinda, CA 94563
- Steven@SaveCaWater.org
- SaveCaWater.org
AGAINST
No contact information was provided.
Source: CA. SOS