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  2. Homestead exemption - Wikipedia

    en.wikipedia.org/wiki/Homestead_exemption

    California exempts the first $7,000 of residential homestead from property taxes. Colorado allows a 50% deduction for up to the first $200,000 (equivalent to a $100,000 exemption if the property is valued at $200,000 or above) for seniors (over age 65) who have lived in their property for ten consecutive years.

  3. 2020 California Proposition 19 - Wikipedia

    en.wikipedia.org/wiki/2020_California_Proposition_19

    The California Association of Realtors previously sponsored and financed an initiative measure known as 2018 California Proposition 5 on the November 2018 ballot that would have further expanded Proposition 13 property tax breaks for certain homeowners (primarily homeowners over age 55) by allowing them to transfer their lower property tax base ...

  4. Republican proposes senior tax exemption as Democrats ...

    www.aol.com/republican-proposes-senior-tax...

    (The Center Square) – Amid a push to raise the annual cap on property tax increases statewide, Sen. Phil Fortunato, R-Auburn, wants the Legislature to exempt around 500,000 senior citizens ...

  5. 2004 California Proposition 65 - Wikipedia

    en.wikipedia.org/wiki/2004_California_Proposition_65

    Local governments (cities and counties) in California primarily receive their revenue from three sources: property taxes, local sales taxes, and the vehicle license fees. Proposition 65 was born out of frustration from local governments as the California state government increasingly used local revenues to pay for state government programs ...

  6. Over age 65? You don’t have to pay your property taxes. (But ...

    www.aol.com/news/over-age-65-don-t-151201544.html

    Scott Porter, the 20-year county tax assessor-collector, said some homeowners age 65 and older go ahead and file the paperwork just to be safe, then keep paying their taxes as long as they can ...

  7. California could allow undocumented residents to qualify for ...

    www.aol.com/california-could-allow-undocumented...

    Most use an individual tax identification number, or ITIN. Around 22% of the undocumented population in California, or 604,000 people, owned homes in 2019, according to the Migration Policy Institute.

  8. 1978 California Proposition 13 - Wikipedia

    en.wikipedia.org/wiki/1978_California_Proposition_13

    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 ...

  9. California Tax Extension: Why it Happened and What it Means ...

    www.aol.com/finance/california-tax-extension-why...

    Last month California Gov. Gavin Newsom announced that the state is extending its tax filing deadline for residents impacted by December and January winter storms. The new deadline is now Oct. 16,...

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