Search results
Results from the WOW.Com Content Network
Owners of commercial real estate benefited under the original rules of Proposition 13: If a corporation owning commercial property (such as a shopping mall) was sold or merged, but the property stayed technically deeded to the corporation, ownership of the property could effectively have changed without triggering Proposition 13's reassessment ...
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
In California, a ballot proposition is a referendum or an initiative measure that is submitted to the electorate for a direct decision or direct vote (or plebiscite). If passed, it can alter one or more of the articles of the Constitution of California , one or more of the 29 California Codes , or another law in the California Statutes by ...
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.
For premium support please call: 800-290-4726 more ways to reach us
Constitutional follow-up to Proposition 13 (1978). Proposition 22 (2000) Passed, then declared unconstitutional: A statute banning same-sex marriage. Proposition 52 (2002) Defeated: Allowing voting registration on Election Day. Proposition 71 (2004) Passed: On the use of stem cells in scientific research. Proposition 73 (2005) Defeated
Depending on when you bought in California, Proposition 13 has kept your property taxes low while your newer neighbors pay far more, essentially subsidizing those with artificially low taxes.
The HJTA pushed for the passage of California Proposition 13 in 1978. The proposition adjusted the property tax rate, pegging it at 1% of the purchase price of the property. This proposal was popular, largely due to the high inflation and associated rises in property taxes through the 1970s.