By Rep. Vince Leach | Arizona Daily Independent
In the late 1970’s a property tax revolt broke out in California with the famous Prop 13. In 1980 the revolt had spread to Arizona and the voters approved a Constitutional Amendment capping homeowner primary property taxes at one percent.
Since there was nothing specifying what the penalty to counties and other local taxing districts for violating the one percent cap would be, the State Legislature voted to put in subsidies to the tax districts where the one percent cap would be broken.
