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June 18, 2013
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Proposition 116 - Arizona Property Tax Break For Business Equipment Amendment 99%

Candidates
 
Percent
Votes
YES Proposition 116
43.49%
607565
NO Proposition 116
56.51%
789373
99% precincts Reporting

Race Information

Election Year
Election Level
Election Type
2012
State
General

Property Tax Exemptions 
A CONCURRENT RESOLUTION PROPOSING AN AMENDMENT TO THE CONSTITUTION OF ARIZONA; AMENDING ARTICLE IX, SECTION 2, CONSTITUTION OF ARIZONA; RELATING TO PROPERTY TAX EXEMPTIONS.

http://www.azsos.gov/election/2012/general/ballotmeasuretext/SCR_1012.pdf

The Arizona Property Tax Break For Business Equipment Amendment, also known as Proposition 116, will be on the November 6, 2012 general election ballot in the state of Arizona as alegislatively-referred constitutional amendment. The measure would give businesses in the state a break on property taxes on newly acquired business equipment. The proposal was sent to the ballot during 2012 state legislative session.[1]

Text of the measure

Summary

The summary of the measure reads as follows:[2]

“ A Concurrent Resolution proposing an amendment to the Constitution of Arizona; Amending Article IX, Section 2, Constitution of Arizona; Relating to property tax exemptions. ”

Path to the ballot

A majority vote is required in the Arizona State Legislature to send a constitutional amendment to the ballot. Arizona is one of ten states that allow a referred amendment to go on the ballot after a majority vote in one session of the state's legislature.

See also

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