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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.
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.
As 2023 coincides neither with the calendar for regular federal elections nor with most elections for state offices (save for Kentucky, Louisiana, Mississippi, New Jersey and Virginia), most 2023 ballot measures either coincided with municipal or judicial elections or were held on separate dates as the sole questions on the ballot.
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.
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The proposition adjusted the property tax rate, pegging it at 1% of the purchase price of the property. This proposal was popular, largely due to the high inflation and associated rises in property taxes through the 1970s. Jarvis and his wife collected tens of thousands of signatures to enable Prop. 13 to appear on a statewide ballot, for which ...
Since California's voters passed Proposition 13 in 1978, property tax increases there have been limited to 1% of assessed value a year, and assessed value increases are limited to a 2% a year ...
Proposition 218 (1996) Passed: Right to vote on local taxes; assessment and property-related fee reforms; initiative power expansion in regard to local revenue reduction or repeal. Constitutional follow-up to Proposition 13 (1978). Proposition 22 (2000) Passed, then declared unconstitutional: A statute banning same-sex marriage. Proposition 52 ...