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The primary differences between Proposition 19 and the 2019 initiative measure withdrawn by the California Association of Realtors are that Proposition 19 excluded the expanded business entity ownership provisions that would have resulted in commercial property reassessment under Proposition 13 (to appease major business interests who did not ...
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"A NO vote on this measure means: Proposition 13 still stands—property taxes on commercial properties would stay the same. Local governments and schools would not get new funding." It was one of two ballot measures on the 2020 California ballot that would adjust the original Proposition 13, the other being Proposition 19. [4]
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