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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 ...
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
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.
Parcel taxes originated in response to California's Proposition 13 (1978), a state initiative constitutional amendment approved by California voters in June 1978. Proposition 13 limited the property tax rate based on the assessed value of real estate to 1% per year. However, a parcel tax circumvents the property tax rate limits of Proposition ...
Originally lawmakers wanted to raise the fee to $8,000 but compromised on $2,000. The fee is refunded if the proposition makes it to the ballot. The fee increase was in response to a proposition calling for "the execution of gays and lesbians" that was circulated for the 2016 election but did not make the ballot.
Property tax increases are capped at 2% per year (see Proposition 13). One notable side effect of California's tax structure is that a substantial portion of the state's income comes from a small proportion of wealthy citizens.
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California Proposition 13 may refer to: 1978 California Proposition 13, People's Initiative to Limit Property Taxation; 2010 California Proposition 13, Seismic Retrofitting; 2020 California Proposition 13, Public Preschool, K-12, and College Health and Safety Bond Act