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Proposition 13: Difference between revisions
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This subsequently led to the passage of California Proposition 218 in 1996 ("Right to Vote on Taxes Act") that constitutionally requires voter approval for local government taxes and some nontax levies such as benefit assessments on real property and certain property-related fees and charges.
== Reform proposals ==
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=== Repeal for commercial property only<br/> (also known as "split roll" reform). ===
#*[http://www.evolve-ca.org/our-plan/ Evolve CA proposal]:
#**'''Establish regular reassessment of non-residential, commercial property in California.'''<span style="font-size: 13px;"> No other state in the country has frozen commercial property tax rates. Most states reassess commercial property every 1-5 years.</span><br/>
#**'''Maintain current Prop. 13 protections for all residential property. '''<span style="font-size: 13px;">Homeowners, home renters, apartment owners, and apartment renters will not be affected by this reform.</span><br/>
#**'''Provide relief for small businesses'''<span style="font-size: 13px;">. Small business owners will be exempt from this reform and also provided with direct tax relief through elimination of the business personal property tax.</span><br/>
#**<span style="font-size: 13px;">'''Implement this reform in a smart way. '''<span style="font-size: 13px;">Some commercial properties have not been reassessed in 40 years, meaning their owners are still paying property rates based on 1970s assessments. Our proposal will gradually phase-in changes to tax rates. Upon implementation, it will take three years until non-residential, commercial property owners will be paying taxes based on their current market value.</span></span><br/>
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=== Repeal or raise business tax, but mitigate resulting upward pressure on rents by expanding state income-tax credits for low-income renters. [Sexton 1999]. <br/> ===
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=== Raise the reassessment cap from 2% to 4%. <br/> [Sexton 1999]. ===
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=== Repeal inheritabilty of tax assessments <br/> [Sexton 1999]. ===
== Reform-related Events / Forums ==
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