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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.
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Upload file; Search. Search. Appearance. Donate; ... Download as PDF; Printable version; ... California Proposition 13 may refer to: 1978 California Proposition 13 ...
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.
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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.
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