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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 ...
California's four largest cities (Los Angeles, San Diego, San Francisco, and San Jose) as well as more than 75 other city and county governments have instituted Mills Act programs. [ 5 ] The law is named after its author, James R. Mills who was inspired to write the law when a developer proposed demolishing the historic Hotel del Coronado in ...
Various economic factors have led to taxpayer initiatives in various states to limit property tax. California Proposition 13 (1978) amended the California Constitution to limit aggregate property taxes to 1% of the "full cash value of such property." It also limited the increase in assessed value of real property to an inflation factor that was ...
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The California excise tax on gasoline as of mid-2011 is 35.7 cents per gallon for motor fuel plus a 2.25% sales and use tax, 13 cents per gallon for diesel plus a 9.12% sales and use tax. [37] The California Department of Tax and Fee Administration provides an online list of sales taxes in the local communities of the state. [9]
Within the city of Sacramento, a boat can be stored on a driveway if the boat is registered to the current occupant of the premises and functions properly, according to Sacramento City Code 8.04.480.
Mastercraft Boat Holdings Inc’s (NASDAQ: MCFT) Board of Directors had approved a new share repurchase program of up to $50 million. Mastercraft will repurchase up to $50 million of its ...
The MasterCraft Boat Company is an American manufacturer of luxury high-performance boats. The company was founded in 1968 in Maryville, Tennessee, and is currently headquartered in Vonore, Tennessee. [1] MasterCraft boats are used in waterskiing, wakeboarding and wake surfing. The company has also produced several boats that are not focused on ...