Ad valorem tax; rate reduction for sale or harvest of timber; provide - CA

A RESOLUTION proposing an amendment to the Constitution so as to provide for a reduction in the rate of the ad valorem tax assessment of timber at sale or harvest; to require state appropriations to each county, municipality, or school district affected by such reduced rate of taxation; to provide for related matters; to provide for the submission of this amendment for ratification or rejection; and for other purposes.