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Owners of commercial real estate benefited under the original rules of Proposition 13: If a corporation owning commercial property (such as a shopping mall) was sold or merged, but the property stayed technically deeded to the corporation, ownership of the property could effectively have changed without triggering Proposition 13's reassessment ...
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.
Moreno Valley is a city in Riverside County, California, United States, and is part of the Riverside–San Bernardino–Ontario metropolitan area.It is the second-largest city in Riverside County by population and one of the Inland Empire's population centers.
The 60th Assembly District is completely contained within the 31st Senate District, represented by Democrat Sabrina Cervantes. [3]In the United States House of Representatives, the 60th Assembly District is split between the California's 41st congressional district, represented by Republican Ken Calvert, [4] and California's 42nd congressional district, represented by Democrat Robert Garcia.
That ballot measure failed statewide with 40% support, and also failed to receive majority support in all 58 California counties. [9] Proposition 5 opponents successfully argued that the initiative measure was a "huge tax break to wealthy Californians" and a "huge windfall to the real estate industry." [10]
Riverside County is a county located in the southern portion of the U.S. state of California.As of the 2020 census, the population was 2,418,185, [3] [5] making it the fourth-most populous county in California and the 10th-most populous in the United States.
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