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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 ...
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.
A “Yes on Prop. 13” ad is airing on TV, hoping to persuade taxpayers ahead of Election Day. As part of KCRA’s Commitment 2020, a panel of political experts scaled the truthfulness of the ad ...
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
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Proposition 13 (officially named as the "Public Preschool, K-12, and College Health and Safety Bond Act of 2020") was a failed California ballot proposition on the March 3, 2020, ballot that would have authorized the issuance of $15 billion in bonds to finance capital improvements for public and charter schools statewide.
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. Jarvis and his wife collected tens of thousands of signatures to enable Prop. 13 to appear on a statewide ballot, for which ...
Prop 4: Increases the homestead tax exemption from $40,000 to $100,00, and $110,000 for seniors and limits annual appraisal increases on commercial property. ... Prop 13: Increases the ...