California lawmakers on Wednesday approved a 2024 ballot measure that asks voters whether to lower the bar for new taxes and bonds to fund housing and public infrastructure.
this year to ask voters whether the threshold to approve new special taxes and bonds for affordable housing and public infrastructure projects should be lowered to 55%.
Instead, it’s asking voters whether the threshold to pass taxes and bonds that cities use to pay for local services and affordable housing should be lowered from two-thirds to 55%, the same bar required to pass bonds for school renovations.The proposal adds certain accountability requirements, including annual and independent audits of how money is used, and the establishment of citizens’ oversight committees to track spending.
Jason Rhine, a lobbyist for the League of California Cities, said that when measures fall short of a supermajority vote, local governments are left without funds to update their infrastructure or build much-needed affordable housing to address a ballooning homelessness and mental health crisis. “The voters of that era were a different cohort of voters,” said Matt Lewis, a spokesperson for the pro-housing group California YIMBY. “We are now living in the 21st century with a set of tax measures passed by Californians 50 years ago almost.
Jon Coupal, president of the Howard Jarvis Taxpayers Assn., called ACA 1 a “direct attack on Proposition 13” that “opens the floodgates to higher taxes.”
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