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Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process, to cap property taxes and limit property reassessments to when the property changes ownership, and to require a 2/3 majority for tax increases in the ...
Proposition 5, also known as Prop 5 or Property Tax Transfer Initiative, was a 2018 California ballot proposition intended to allow people buying houses who are severely disabled or 55 and over to transfer their tax assesments from their previous house to their new house regardless of the new house's market value or the location of the new house.
Increases income taxes for education and early childhood programs. Initiative statute. [13] 39: Passed Requires multistate businesses to calculate their California income tax liability based on the percentage of their sales in California and allocates potential revenue to create energy efficient and clean jobs. Initiative statute. [14] 40: Passed
California Proposition 60 was an amendment of the Constitution of California relating to property tax assessments for older homeowners. It was proposed by the California State Legislature and approved by voters in a referendum held on November 4, 1986.
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7 – Passed – Taxation of Restricted Historic Property. 8 – Passed – Deposit of Public Money In Savings and Loan Associations. 9 – Passed – Bingo. 10 – Failed – Bonds To Refund State Indebtedness. 11 – Passed – Motor Vehicle Taxes--Local Surplus Property. 12 – Failed – Interest Rate. 13 – Passed – Property Tax ...
For the 2021-22 fiscal year, homeowners in Fayette County paid property taxes of 80.8 cents per $100 of assessed value. Board members approved a rate recently that will go from 80.8 cents to 83.3 ...
[23] Some of the more imaginative special assessments imposed by local governments included: (1) A "view tax" in southern California – the better the view of the ocean the property owner had, the more the owner paid; (2) In northern California, property owners 27 miles away from a park were assessed because their property allegedly specially ...