Word: propped
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Dates: during 1990-1999
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...resolve the fiscal crisis at the state level, Prop 2 1/2 will be adjusted," says state Rep. Byron Rushing (D-Boston...
...Prop 2 1/2, approved by almost 60 percent of the voters in a 1980 referendum, sets a limit on the amount of revenue a city or town can raise through property taxes and puts a cap on the annual property tax increase...
...think it is time for there to be some loosening up of some of the restrictions [of Prop 2 1/2]," says Helen F. Ladd, a senior fellow at the Cambridge-based Urban Land Institute who studied the effects of Prop 2 1/2 in the law's early days...
While no plans to alter Prop 2 1/2 are on the table for immediate discussion, a number of suggestions are circulating through the State House...
...same leaders and experts who point to the disadvantages of Prop 2 1/2 and call for changes say that anti-tax sentiments in the state will make any type of modification politically difficult...