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  2. 1978 California Proposition 13 - Wikipedia

    en.wikipedia.org/wiki/1978_California_Proposition_13

    Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process, to cap property taxes and limit property reassessments to when the property changes ownership, and to require a 2/3 majority for tax increases in the ...

  3. Williamson Act - Wikipedia

    en.wikipedia.org/wiki/Williamson_Act

    The Williamson Act of the US state of California (officially, the California Land Conservation Act of 1965) is a California law which provides relief of property tax to owners of farmland and open-space land in exchange for a ten-year agreement that the land will not be developed or otherwise converted to another use. The motivation for the ...

  4. Property tax relief expansion offered to California homeowners

    www.aol.com/news/property-tax-relief-expansion...

    The California Mortgage Relief Program is offering a one-time grant that will allow homeowners to catch up on past-due property tax or mortgage payments due to financial issues brought on by COVID ...

  5. California extends relief for homeowners who missed mortgage ...

    www.aol.com/news/california-extends-relief...

    The state has used the money to offer up to $80,000 to low- and moderate-income homeowners with mortgage debt, overdue property taxes and deferred monthly payments. These are not loans that must ...

  6. Here's how to lower your property tax bill

    www.aol.com/finance/heres-lower-property-tax...

    Head to your local tax office website and search for terms like “property tax relief,” “homestead exemption,” or “property tax exemptions.” Check instructions and requirements.

  7. 2020 California Proposition 15 - Wikipedia

    en.wikipedia.org/wiki/2020_California_Proposition_15

    This led to a 60% decrease in property tax revenue collected by local governments the year after Proposition 13 was passed, [6] and forced local authorities in California to subsequently rely on sales taxes, which are more regressive, [7] as well as on state government funding originating from California's personal income tax, which is more ...

  8. 1996 California Proposition 218 - Wikipedia

    en.wikipedia.org/wiki/1996_California...

    [23] Some of the more imaginative special assessments imposed by local governments included: (1) A "view tax" in southern California – the better the view of the ocean the property owner had, the more the owner paid; (2) In northern California, property owners 27 miles away from a park were assessed because their property allegedly specially ...

  9. Los Angeles revenue hit as 4% transfer tax on property over ...

    www.aol.com/news/los-angeles-revenue-hit-4...

    In California, property taxes are assessed at the value of the purchase price, with increases on assessed value capped at 2% per year, meaning a building purchased for $50,000 in 1980 is still ...

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