Proposition 15 fails, leaving two of CA's 12 statewide props still too close to call

Two of California's 12 statewide propositions remain too close to call a week after Election Day, according to projections by The Associated Press.

They include Prop 14 and Prop 19.

Meanwhile, Prop 15 failed late Tuesday.

The AP projected Proposition 15 would not pass with almost 52% of Californians voting against it. There were not enough uncounted votes left for the measure to pass. Prop 15 would have required commercial and industrial properties to be taxed based on market value. Proponents said an estimated $12 billion raised would go to schools and government services.

If passed, Proposition 14 authorizes $5.5 billion in bonds for a state stem cell research institute. Voters in Southern California and the Bay Area were largely behind this measure. About $1.5 million would be used to research diseases like Alzheimer's, epilepsy and Parkinson's. With just over 12 million votes counted early Friday, the measure is on track to pass with 51% behind it.

Proposition 19 would change tax assessment transfers and inheritance rules, allowing homeowners 55 and older, disabled or wildfire victims to transfer a primary residence's tax base to a replacement home. It's passing with 51% of the vote early Friday.

The AP has already projected the state's nine other propositions.

Prop 16: No
Prop 17: Yes
Prop 18: No
Prop 20: No
Prop 21: No
Prop 22: Yes
Prop 23: No
Prop 24: Yes
Prop 25: No

Featured Image Photo Credit: Justin Sullivan/Getty Images