2019 CalTaxletter No. 39
The California School Boards Association (CSBA) withdrew its personal and corporate tax increase initiative December 4, one day after the Legislative Analyst’s Office reported that the measure could prompt taxpayers…
The California School Boards Association (CSBA) withdrew its personal and corporate tax increase initiative December 4, one day after the Legislative Analyst’s Office reported that the measure could prompt taxpayers…
During the first year of the 2019-20 legislative session, state lawmakers and the governor approved more than $4.4 billion a year in higher taxes and fees, the nonpartisan California Tax Foundation reported November 19.
Los Angeles Mayor Eric Garcetti announced November 6 that he supports the split-roll property tax initiative – a measure that would eliminate Proposition 13 protections for many California property owners, leading to a tax increase estimated by the legislative analyst …
California Attorney General Xavier Becerra released his office’s official title and summary for the latest split-roll initiative October 17, clearing the way for proponents to begin collecting signatures. Like the version that already qualified for the November 2020 ballot…
Only 47 percent of likely voters support the split-roll property tax measure qualified for the November 2020 ballot and 45 percent oppose the measure, according to a Public Policy Institute of California (PPIC) poll released October 2.
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Proponents of the split-roll initiative amended the measure September 17 to make several changes while maintaining the main provisions that would require annual market-value reassessments of business and commercial property.
Today is the final day of the 2019 legislative session, and the Assembly and Senate are scheduled to convene shortly after the CalTaxletter is published. At the conclusion of the floor sessions, both houses …
The Assembly on August 19 rejected a proposed constitutional amendment (ACA 1, Aguiar-Curry) that would make it easier to pass local taxes by lowering the vote threshold from two-thirds to 55 percent for taxes that fund infrastructure and housing.
The proponents of the split-roll initiative that qualified for the November 2020 ballot filed a new version (Initiative 19-0008) August