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California voters will decide in 2024 on lowering threshold for new taxes, bonds - Vimarsana News

California voters will decide in 2024 on lowering threshold for new taxes, bonds

A constitutional amendment that would lower the bar for voters to approve new taxes and bond measures to fund housing and public infrastructure is heading to the 2024 general election ballot after passing the Legislature. California currently requires two-thirds of voters to approve local levies, and local governments have complained for years that the threshold is too high. Berkeley, for example, failed to pass a $650 million bond last year to build affordable housing and repair city infrastructure, despite approval from nearly 60% of voters. The Amendment, ACA-1, would lower the voter thresh...

California voters will decide in 2024 on lowering threshold for new taxes, bonds - Vimarsana News

California voters will decide in 2024 on lowering threshold for new taxes, bonds

A constitutional amendment that would lower the bar for voters to approve new taxes and bond measures to fund housing and public infrastructure is heading to the 2024 general election ballot after passing the Legislature. California currently requires two-thirds of voters to approve local levies, and local governments have complained for years that the threshold […]

Column: Raising Cain in Sacramento over ease of raising taxes - Vimarsana News

Column: Raising Cain in Sacramento over ease of raising taxes

California's latest battle over taxes in the war between business interests and organized labor, represented by Republicans and Democrats, is gripping Sacramento.

Big business keeps using California voters to bypass laws they don't like - Vimarsana News

Big business keeps using California voters to bypass laws they don't like

California leads the nation in the number of ballot initiatives and the billions of dollars spent to sway voters or circumvent the Legislature.

City prevails in transfer tax lawsuit - Vimarsana News

City prevails in transfer tax lawsuit

Santa Monica's Measure GS, targeting luxury property sales, survives a legal challenge, allowing funds for housing and schools.

Source: smdp.com