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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.
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
Proposition 13 (officially named as the "Public Preschool, K-12, and College Health and Safety Bond Act of 2020") was a failed California ballot proposition on the March 3, 2020, ballot that would have authorized the issuance of $15 billion in bonds to finance capital improvements for public and charter schools statewide.
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.
The board made some updates to its position on the landmark proposition last year. Fact check: Is Proposition 13 under attack? SLO County supervisors disagree on changes
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
Proposition 33 would allow local governments to dramatically expand rent control. It is drawing suppors from tenant groups and opposition from the real estate industry.
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.