Question

Give term for:An election in which local voters can nullify a property tac increase that exceeds 8 percent in a given year.

Answer 1

A referendum is a process allowing voters to nullify a property tax increase exceeding a preset limit, like the 8 percent mentioned in the question.

Step-by-step explanation:

The term you are looking for is referendum. A referendum is a process by which local voters have the power to nullify a property tax increase that exceeds a certain percentage, in this case, 8 percent. This process allows voters to approve or reject legislation or tax increases proposed by their government. If a given tax increase proposal is placed on the ballot, and more voters reject it than approve it, the tax increase does not take effect.