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The California Association of Realtors previously sponsored and financed an initiative measure known as 2018 California Proposition 5 on the November 2018 ballot that would have further expanded Proposition 13 property tax breaks for certain homeowners (primarily homeowners over age 55) by allowing them to transfer their lower property tax base ...
v. t. e. 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 ...
Initiative Constitutional Amendment and Statute. Will amend 1978's Proposition 13 by allowing homeowners who are over 55 years old or severely disabled to transfer their property tax base from their old home to their new one, regardless of the new residence's property value, location, or their previous transfers. [46] 6: Failed
California Proposition 19 (also known as the Regulate, Control & Tax Cannabis Act) was a ballot initiative on the November 2, 2010, statewide ballot. It was defeated, with 53.5% of California voters voting "No" and 46.5% voting "Yes." [1] If passed, it would have legalized various marijuana -related activities, allowed local governments to ...
28 – Passed – California Safe Drinking Water Bond Law of 1984. 29 – Passed – Veterans Bond Act of 1984. 30 – Passed – Senior Center Bond Act of 1984. 31 – Passed – Property Taxation. Fire Protection System Exclusion of 1984. 32 – Passed – Supreme Court. Transfer of Causes and Review of Decisions of 1984.
November 6, 1979. 1 – Passed – School Assignment and Transportation of Pupils. 2 – Passed – Loan Interest Rates. 3 – Passed – Property Taxation – Veteran's Exemption. 4 – Passed – Limitation of Government Appropriations. Categories: California ballot propositions. 1970s in California.
t. e. Median household income and taxes. Most local governments in the United States impose a property tax, also known as a millage rate, as a principal source of revenue. [1] This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio ...
Proposition 218 (1996) Passed. Right to vote on local taxes; assessment and property-related fee reforms; initiative power expansion in regard to local revenue reduction or repeal. Constitutional follow-up to Proposition 13 (1978). Proposition 22 (2000) Passed, then declared unconstitutional.