Tag: split roll
Gov. Newsom Backs Prop. 15 ‘Split Roll’ Property Tax Increase on Business
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...
California Split Roll Ballot Measure Destroys Prop 13 Protections for California Farmers, Threatens Rural Communities
Agriculture was always considered sacred in the eyes of California’s property taxing agencies, and especially under Proposition 13. But that could change with the split roll property tax ballot initiative in November 2020. Prop. 13 was a 1978 ballot initiative...
CA Attorney General Writes Biased Title & Summary for $12.5 Billion ‘Split Roll’ Property Tax Hike
Anti-Proposition 13 special interests have already qualified one ballot measure for the November 2020 statewide ballot that would dismantle the 1978 ballot initiative’s property tax protections, and are currently gathering signatures to qualify a slightly more appealing sounding second version....
CA Commercial Property Owners Facing Pervasive Tax Increases if Prop. 13 Split Roll Initiative Passes
‘California’s assessable property is now worth $6.5 trillion with just last year’s increase resulting in $75 billion in revenue.’ Despite California’s record budget surplus of $7 billion in reserves, the Proposition 13 “split roll” property tax ballot initiative could...
Sacramento Taxpayers President Warns of Prop. 13 Bait and Switch
Debra Desrosiers, President of the Sacramento Taxpayers Association, walked out of Sam’s Club in Yuba City Saturday and saw a guy at a table collecting signatures for ballot initiatives. “Read the signs… who wouldn’t sign what is on the table?...
Assembly Constitutional Amendment 1 to Weaken Prop. 13 Fails to Pass Assembly
“While all voters are able to vote on this debt, only property owners pay it.” One of the only remaining taxpayer protections left in California is Proposition 13, a landmark 1978 decision by California’s voters to limit property taxes....