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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.
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
On June 18, 1992, the court held that Proposition 13's acquisition-value assessment scheme does not violate the federal Equal Protection Clause. [12] When the court agreed to hear the Nordlinger case, Fox said the case was "life or death for Proposition 13." Fox also said: We will prove once and for all time that Proposition 13 is constitutional.
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.
A “Yes on Prop. 13” ad is airing on TV, hoping to persuade taxpayers ahead of Election Day. As part of KCRA’s Commitment 2020, a panel of political experts scaled the truthfulness of the ad ...
Leading the campaign to enact Proposition 13, California politician Howard Jarvis tried to get tenants to vote for Prop 13 by claiming that landlords would pass tax savings along to tenants; when most failed to do so, it became an additional motivating factor for rent control. [43]: 2
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.
A worker stocks grocery items at Northgate Market in Los Angeles. California voters have rejected a ballot measure that would have raised the state's hourly minimum wage to $18 from $16.