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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.
7 – Passed – Taxation of Restricted Historic Property. 8 – Passed – Deposit of Public Money In Savings and Loan Associations. 9 – Passed – Bingo. 10 – Failed – Bonds To Refund State Indebtedness. 11 – Passed – Motor Vehicle Taxes--Local Surplus Property. 12 – Failed – Interest Rate. 13 – Passed – Property Tax ...
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 ...
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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
The Sacramento County assessment roll, which represents the total value of all property across the county, reached a new record of nearly $243 billion at the start of this year, officials said ...
Proposition 6 (1978) Defeated: Barring homosexuality in the public school system. Proposition 13 (1978) Passed: Significant property tax reduction and limits; imposing 2/3 vote requirement of the Legislature for state taxes and 2/3 voter approval requirement for local special taxes. Proposition 65 (1986) Passed: Notification of hazardous materials.