Prop 15 Archives - California Globe

Prop 15 Officially Defeated, 1978 ‘Tax Revolt’ Law Preserved

November 12, 2020 6:13 pm

Late on Wednesday, Proposition 15, which would have allowed tax reassessments on commercial and industrial properties every 3 years rather than being based on the purchase price plus 2% each year, was defeated after a final statewide vote tally. After...

2020 California General Election Results: UPDATED

November 5, 2020 2:34 amNovember 7, 2020 7:43 am

Updated: 4:10 AM PST 11/4/2020 — Katy Grimes Updated 5:20AM PST 11/4/2020 — Katy Grimes Updated 5:45AM PST 11/4/2020 — Katy Grimes* Updated 1:40PM PST 11/4/2020 — Katy Grimes Updated 2:00PM PST 11/4/2020 — Katy Grimes The Presidency hinges on...

Gov. Newsom Backs Prop. 15 ‘Split Roll’ Property Tax Increase on Business

September 12, 2020 8:01 am

On Friday, Governor Gavin Newsom threw his support behind Proposition 15, which would change how both commercial and industrial properties are taxed, leading to immediate outcry from businesses, industry leaders, and tax groups across the state. Prop 15 would amend...