Tax,
Real Estate/Development,
Government
Jul. 29, 2020
Property tax ballot measure language challenged in Sacramento County
Proponents and opponents of Proposition 15 are arguing against the ballot measures allegedly 'misleading, false' statements regarding California's property tax initiative.
Proponents and opponents are challenging the summary of a property tax initiative headed to the November ballot, claiming some of the language introduced last week is misleading.
California's Proposition 15 is the so-called "split-roll" change to the property tax law Proposition 13, which was enacted in 1978. The measure gives the Legislature authority to reassess primarily commercial and industrial properties at fair market value. ...
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