Constitutional amendment to phase-in over a four-year period an exemption from ad valorem property taxes for inventory held by manufacturers, distributors, and retailers, and natural gas held, used, or consumed in providing natural gas storage services or operating natural gas storage facilities. (2/3 - CA13s1(A)) (1/1/16)
Removes the refundable tax credit for ad valorem property taxes paid on natural gas held, used, or consumed in providing natural gas storage services or operating natural gas storage facilities. (gov sig)
(Constitutional Amendment) Exempts certain natural gas stores from ad valorem property taxes
Constitutional amendment to exempt from ad valorem property taxes inventory held by manufacturers, distributors, and retailers, to be submitted to electors of the state if a certain law is enacted. (2/3-CA13s1(A))(1/1/16)
Constitutional amendment to exempt from ad valorem property taxes inventory held by manufacturers, distributors, and retailers if the taxing authority accepts a payment in lieu of the property taxes which would otherwise be due on such inventory as may be provided by law for such purpose. (2/3-CA13s1(A))(1/1/16) (OR SEE FISC NOTE LF RV)
Constitutional amendment to exempt from ad valorem property taxes inventory held by manufacturers, distributors, and retailers and to prohibit adjustment of millages because of the implementation of the exemption. (2/3-CA13s1(A)) (1/1/16) (OR -$517,000,000 LF RV See Note)
Natural gas storage: moratorium.
(Constitutional Amendment) Adds certain property tax exemptions and dedicates certain revenue (Item #7, 26, and 31)
Natural gas: Aliso Canyon natural gas storage facility: reliability.
Provides for the carry forward rather than the refund of the tax credit for ad valorem taxes paid for certain natural gas