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CA Proposition 19 (Property Tax Rules)

RACE DETAILS

Parents

> United States > California > Propositions > 2020 Referendums > Proposition 19

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 11:09pm

Data Sources

[Link]

Description

A "yes" vote supports this constitutional amendment to:

* allow eligible homeowners to transfer their tax assessments anywhere within the state and allow tax assessments to be transferred to a more expensive home with an upward adjustment;

* increase the number of times that persons over 55 years old or with severe disabilities can transfer their tax assessments from one to three;

* require that inherited homes that are not used as principal residences, such as second homes or rentals, be reassessed at market value when transferred; and

* allocate additional revenue or net savings resulting from the ballot measure to wildfire agencies and counties.

A "no" vote opposes this constitutional amendment, therefore continuing to:

* allow eligible homeowners to transfer their tax assessments within counties and to homes of equal or lesser market value;

* keep the number of times that persons over 55 years old or with severe disabilities can transfer their tax assessments at one;

* allow the tax assessments on inherited homes, including those not used as principal residences, to be transferred from parent to child or grandparent to grandchild.

PRIMARY/OTHER SCHEDULE

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