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California's property tax law means radically different taxes are paid on similar homes. There are better ways to achieve Prop. 13's protections for low-income and older homeowners.
Then-Gov. Jerry Brown Jr., left, and anti-tax crusader Howard Jarvis, after the passage of Proposition 13 in 1978. Anti-tax forces haven't stopped trying to sabotage public services ever since.
Proposition 13 alters the balance of the housing market because it provides disincentives for selling property, in favor of remaining at the current property and modifying or transferring to family members to avoid a new, higher property tax assessment. [45] [46] Proposition 13 reduces property tax revenue for municipalities in California.
Various economic factors have led to taxpayer initiatives in various states to limit property tax. California Proposition 13 (1978) amended the California Constitution to limit aggregate property taxes to 1% of the "full cash value of such property." It also limited the increase in assessed value of real property to an inflation factor that was ...
Legislatively-referred amendment: August 2023 Ohio Issue 1, which would raise the threshold for ballot measures to amend the state constitution, requiring petition signatures from all 88 counties in the state instead of the current 44, removing a 10-day period for curing of petition signatures, and increasing the electoral threshold for passage ...
We will show the court that Proposition 13 is sound policy benefiting all California property owners. By basing property taxes on the ability to pay at the time of voluntary purchase, and guaranteeing certainty as to what taxes will be in the future, Proposition 13 protects taxpayers from losing their homes to the tax collector.
The existing supermajority requirement for local bond approval goes back to the series of tax restrictions in California's Constitution inaugurated by the passage of Proposition 13 in 1978.