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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.
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.
2 – Passed – Charters For Counties And Cities. 3 – Failed – Postsecondary Education Commission Personnel – Civil Service. 4 – Passed – Regents, University Of California. 5 – Passed – Residence Of Local Government Employee. 6 – Passed – Property Tax Exemptions. 7 – Passed – Declaration Of Rights. 8 – Passed ...
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
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
Nicolas Romo, League of California Cities. That brings us to the "Taxpayer Protection and Government Accountability Act," a proposed initiative co-sponsored by the California Business Roundtable.
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 voters have passed a measure that will impose strict requirements on counties to spend on housing and drug treatment programs to tackle the state’s homelessness crisis. Proposition 1 ...