Stay Up to Date

SDUT: Prop 13 change a giant tax hike – not a ‘fix’

State Sens. Holly Mitchell, D-Los Angeles, and Loni Hancock, D-Berkeley, and several liberal groups want state voters to make a fundamental change in Proposition 13. That’s the landmark measure approved in 1978 that limits property taxes to 1 percent of assessed value and limits the amount that assessments can be increased to 2 percent a year – unless the property changes hands, at which point it can be reassessed. Mitchell’s and Hancock’s legislation, if adopted by two-thirds of the Legislature, would set a November 2016 public vote on whether there should be regular reassessments of all industrial and commercial properties. (The San Diego Union-Tribune, June 13, 2015)

Twitter

Latest Video

CalChamber Policy Advocate Laura E. Curtis provides the latest information on SB 1300 at the CalChamber Capitol Summit on May 23, 2018.

See more »

Latest News

Why AB 3080 Is Preempted by Federal Law

With much fanfare, Assemblywoman Lorena Gonzalez Fletcher (D-San Diego) has presented her AB 3080, an attempt to preclude the prospective use of non-disclosure and arbitration agreements. Although the measure is…

Back To Top