Key Tax Ballot Measures for November 2024 in California
Three key tax-related measures are set for the November 2024 statewide ballot in California. ACA 1 focuses on amending the state constitution to allow local governments with 55% voter approval to incur general obligation bonds or impose special taxes for affordable housing and public infrastructure. The CA Business Roundtable Initiative (#1935) aims to change rules on tax imposition, requiring a two-thirds vote for any special tax. ACA 13 proposes future ballot measures to require a 2/3 majority for approval. Legal challenges surround these measures, indicating potential impacts on tax policies in California.
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NOVEMBER 2024 TAX RELATED BALLOT MEASURES Delaney Hunter Managing Partner California Advisors, LLC March 1, 2024
3 KEY TAX RELATED MEASURES ARE SLATED FOR THE NOVEMBER 2024 STATEWIDE BALLOT ACA 1 CA Business Roundtable (Initiative #1935) ACA 13 2
ACA 1 WOULD AMEND THE CALIFORNIA CONSTITUTION TO ALLOW A CITY, COUNTY, OR SPECIAL DISTRICT, WITH55% VOTER APPROVAL, TO INCUR GENERAL OBLIGATION (GO) BONDS OR IMPOSE SPECIFIED SPECIAL TAXES TO FUND PROJECTS FOR AFFORDABLE HOUSING, PERMANENT SUPPORTIVE HOUSING, OR PUBLIC INFRASTRUCTURE. Eligible public infrastructure projects include: Specifically, ACA 1 decreases the current requirement for 2/3rds voter approval to 55% and requires: Reduction of pollution from stormwater runoff proceeds from the bonds/taxes only be used for the purposes specified in the measure, not salaries or operating expenses Protection of property from impacts of sea level rise Parks and recreation facilities and open space a list of projects to be funded and a statement that the local government has evaluated alternative funding resources Improvements to transit and streets and highways annual performance audits, independent financial audits, and appointment of a citizens oversight committee 3
CA BUSINESS ROUNDTABLE INITIATIVE (INITIATIVE #1935) TAXPAYER PROTECTION AND GOVERNMENT ACCOUNTABILITY ACT WOULD AMEND THE CALIFORNIA CONSTITUTION TO CHANGE THE RULES FOR HOW THE STATE AND LOCAL GOVERNMENTS CAN IMPOSE TAXES, FEES, AND OTHER CHARGES. Initiative #1935 was certified by the Secretary of State (SOS) as eligible to appear on the November 5, 2024 ballot. Specifically, requires that any special tax - local or state - be approved by a two-thirds vote of the electorate to take affect essentially requires any tax imposed by the CA Legislature be approved by voters and disallows citizen s initiatives Governor Newsom and the CA Legislature filed an emergency petition to the CA Supreme Court seeking to have the Court invalidate the measure before it is placed on the ballot. prohibits an advisory measure from appearing on the same ballot as a local measure that proposes a general tax if the advisory measure would indicate that the revenue from the general tax will, could, or should be used for a specific purpose The CA Supreme Court ordered the SOS and the proponent s to make the case on why the challenge shall not proceed Issue needs to be resolved either by the Court or by withdrawal by the proponents by June 27, 2024 4
ACA 13 WOULD AMEND THE CALIFORNIA CONSTITUTION TO REQUIRE ANY FUTURE BALLOT MEASURES TO INCREASE VOTER APPROVAL THRESHOLDS TO PASS BY THAT SAME MARGIN For example, ACA 13: ACA 13 is/was: Requires measure to increase a vote threshold to 2/3rds (from majority say) would have to pass by a 2/3rds vote The Legislature s response to CA Business Roundtable measure Amended the last week of session to also ensure it applied to measures on the same ballot as ACA 13 Applies only to future measures Does not impact the two-thirds vote requirement for special taxes. 5
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