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"A collaborative political resource." |
CA Proposition 15 (School Funding Sources)
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> United States > California > Propositions > 2020 Referendums > Proposition 15
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Office | |
Type | General Election |
Filing Deadline | January 01, 2020 - 06:00am |
Polls Open | November 03, 2020 - 09:00am |
Polls Close | November 03, 2020 - 10:00pm |
Term Start | November 04, 2020 - 12:00pm |
Term End | December 31, 9999 - 12:00pm |
Contributor | RBH |
Last Modified | RBH December 12, 2020 11:08pm |
Data Sources | [Link] |
Description | A "yes" vote supports this constitutional amendment to require commercial and industrial properties, except those zoned as commercial agriculture, to be taxed based on their market value, rather than their purchase price.
A "no" vote opposes this constitutional amendment, thus continuing to tax commercial and industrial properties based on a property's purchase price, with annual increases equal to the rate of inflation or 2 percent, whichever is lower. |
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