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Arizona Mortgage Update/ Diane's Blog/ The Mortgage Advantage, Inc.

June 30, 2008

ARIZONA PROPERTY-TAX INITIATIVE A STEP CLOSER TO NOVEMBER BALLOT

by Scott Wong - Jun. 25, 2008 The Arizona Republic

A group seeking to ban any new tax on the sale or transfer of Arizona property is one step closer to putting a constitutional amendment before voters this fall.

The Protect Our Homes committee, led by the Arizona Association of Realtors, filed roughly 372,000 signatures with the secretary of state's office Tuesday, breaking the previous record of 303,614 for an initiative. More than 230,000 certified signatures are needed to qualify the measure for the Nov. 4 ballot.
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