Prop. 13 could be partly undone in 2020 – here’s what you should know
Two years from now, California voters may have a chance to touch the third rail of state politics.
A coalition of good-government groups, social justice organizations, affordable housing advocates and teachers unions held press conferences across the state today announcing they had submitted signatures for a measure that would significantly increase property taxes on California businesses and generates tens of billions in revenue for local and state governments.
If the measure qualifies for the 2020 ballot — which it likely will — it would mark the first time in decades that voters would have a chance to change a key provision in Proposition 13, the landmark 1978 ballot measure that placed stringent caps on California property taxes, making them some of the lowest in the country for both residential and commercial property.
Read more here
https://www.dailynews.com/2018/08/21/prop-13-could-be-partly-undone-in-2020-heres-what-you-should-know/
