A resolution to propose to the people of the State of California an amendment to the Constitution of the State, by amending Section 12 of Article IV thereof, by adding Section 3.5 to Article XIIIA thereof, by adding Section 12 to Article XVI thereof, and by adding Article XXIII thereof, relating to public finance.
California constitutional amendment proposal modifying tax structure, property tax rules, and creating new public finance articles; requires voter approval.