Alaska: Tax measure delayed

Tue, Jan 19 2010 — Source: Fairbanks Daily News Miner

Supporters of a hoped-for ballot measure to secure a bigger tax exemption for homeowners say they’re a few thousand signatures shy of their goal. The deadline to get a question on this year’s statewide ballot was Friday. The 2012 election looks to be the next best thing, said Mayor Luke Hopkins of the Fairbanks North Star Borough. “We have to ensure that we have enough signatures,” he said. If the initiative becomes law, it would allow municipalities to ignore up to $50,000 of the value of residential properties when imposing taxes.