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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.
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 ...
California Proposition 13 may refer to: 1978 California Proposition 13 , People's Initiative to Limit Property Taxation 2010 California Proposition 13 , Seismic Retrofitting
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.
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.
Like Proposition 13 in 1978, Proposition 218 was also opposed by the vast majority of prominent newspapers and the political establishment in California. Opposition to Proposition 218 included public employee unions, local governments, local government interest organizations, environmental interest groups, public education interest groups, and ...
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