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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.
Constitutional follow-up to Proposition 13 (1978). Proposition 22 (2000) Passed, then declared unconstitutional: A statute banning same-sex marriage. Proposition 52 (2002) Defeated: Allowing voting registration on Election Day. Proposition 71 (2004) Passed: On the use of stem cells in scientific research. Proposition 73 (2005) Defeated
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.
California Proposition 13 may refer to: 1978 California Proposition 13, People's Initiative to Limit Property Taxation; 2010 California Proposition 13, Seismic Retrofitting; 2020 California Proposition 13, Public Preschool, K-12, and College Health and Safety Bond Act
Depending on when you bought in California, Proposition 13 has kept your property taxes low while your newer neighbors pay far more, essentially subsidizing those with artificially low taxes.
In California, a ballot proposition is a referendum or an initiative measure that is submitted to the electorate for a direct decision or direct vote (or plebiscite). If passed, it can alter one or more of the articles of the Constitution of California , one or more of the 29 California Codes , or another law in the California Statutes by ...
As Oregon Voters' Pamphlets are mailed out ahead of the Nov. 5 general election, the Oregon Secretary of State’s office is clearing up why former President Donald Trump and his running mate JD ...
The Howard Jarvis Taxpayers Association is known for its strong support of Proposition 13, [8] which was approved by California voters in June 1978. Proposition 13 significantly limited real property tax increases for California homeowners and businesses. The association opposes taxes on California persons and businesses. Its motto, "Dedicated ...