- 1978 California Proposition 13 - Wikipedia
The initiative was approved by California voters in a primary election on June 6, 1978, by a nearly two to one margin It was upheld by the Supreme Court in 1992 in Nordlinger v Hahn, 505 U S 1 (1992) Proposition 13 is embodied in Article XIII A of the Constitution of the State of California [1]
- Why Is California’s Proposition 13 in Jeopardy? - LegalClarity
Unpack the reasons, proposed changes, and ongoing efforts impacting California's Proposition 13 property tax law California’s Proposition 13, a ballot initiative approved by voters in June 1978, reshaped the state’s property tax landscape
- A measure to save Prop. 13 and protect taxpayers - hjta. org
In 1978, Proposition 13 cut property taxes to one percent of the taxable value and capped increases to just two percent a year, with reassessment occurring only for new construction or when there is a change of ownership
- WhAT PROPOSITION 13 DID - California
Proposition 13 amended the California Constitution, and was the taxpayers’ collective response to dramatic increases in property taxes, and a growing state revenue surplus of nearly $5 billion
- Proposition 13: 40 Years Later - Public Policy Institute of California
Proposition 13 passed on June 6, 1978, with support from 65% of California voters Property owners benefited from an immediate drop in property taxes and less uncertainty about future tax increases
- California Propositions 13 19: Property tax rules explained - Empower
Understand how California’s Propositions 13 and 19 affect property taxes, inheritance, and gifting Learn about step-up basis, gift tax, and estate planning risks
- California Proposition 13, Tax Limitations Initiative (June 1978)
California Proposition 13 was on the ballot as an initiated constitutional amendment in California on June 6, 1978 It was approved
- In California, what is Prop 13? (with pictures)
In essence, Prop 13 limited property taxes in California to no more than one percent of a home's assessed value Furthermore, assessments of property values could not rise by more than two percent per year, unless a property was sold, in which case it could be assessed at a new value
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