By David Siders in The Sacramento Bee

February 24, 2016

Proponents of a measure to raise billions of dollars for anti-poverty and children’s programs through higher taxes on commercial properties stopped collecting signatures for the November ballot and said Wednesday they will try again another year.

The “Lifting Children and Families out of Poverty Act,” backed by several Southern California nonprofit groups, sought to impose a surcharge of up to 1 percent on real estate with assessed values more than $3 million.