2009-2010 Regular Session - SR 427
Ad Valorem Tax; exemptions may be authorized locally-CA
First Reader Summary
A RESOLUTION proposing an amendment to the Constitution so as to authorize the governing authority of any county or municipality, subject to referendum approval, to exempt from ad valorem taxation, in whole or in part, up to $250,000.00 of the value of a homestead owned solely or jointly by a teacher, a firefighter, or a law enforcement officer; to provide for procedures, conditions, and limitations; to provide for the submission of this amendment for ratification or rejection; and for other purposes.
Feb/26/2009 - Senate Read and Referred
Feb/25/2009 - Senate Hopper