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CA Proposition 19 (Property Tax Rules)
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Parents |
> United States > California > Propositions > 2020 Referendums > Proposition 19
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Office | Referendum |
Honorific | Referendum - Abbr: |
Type | General Election |
Filing Deadline | January 01, 2020 - 06:00am Central |
Polls Open | November 03, 2020 - 09:00am Central |
Polls Close | November 03, 2020 - 10:00pm Central |
Term Start | November 04, 2020 - 12:00pm |
Term End | December 31, 9999 - 12:00pm |
Turnout |
75.85% Registered
42.25% Total Population
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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.
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