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Proposition 13 alters the balance of the housing market because it provides disincentives for selling property, in favor of remaining at the current property and modifying or transferring to family members to avoid a new, higher property tax assessment. [45] [46] Proposition 13 reduces property tax revenue for municipalities in California.
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
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 board made some updates to its position on the landmark proposition last year.
The parents of a 13-year-old girl who was run over by a suicidal driver in Malibu in 2010 are appealing to California Gov. Gavin Newsom to stop the felon from being released on parole.
In the meantime, in June 1978 Proposition 13 had been approved two to one by California voters. Before the election Howard Jarvis, the leader of the Prop. 13 'taxpayer revolt', as well as of the California Apartment Association, had suggested that landlords would lower rents if Prop. 13 passed. Many voters were said to have thought that Prop ...
Price on eBay: $8,500 Porcelain dolls don’t have to be more than 2 feet tall to be worth a lot of money. This little lady stands only 15 1/2 inches tall, but her ornate details and impressive ...
Paul Gann (June 12, 1912 – September 11, 1989) was a Sacramento, California-based conservative political activist and founder of People's Advocate, Inc. Along with Howard Jarvis, Gann was co-author of Proposition 13, a 1978 property-tax-cutting initiative in California credited with sparking "a nationwide tax revolt."