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Real Estate Market › Ballot Measures

Greenberg Glusker LLP

Proposition 19 Set to Limit Ability to Transfer California Real Property Between Parents and Children Without Property Tax...

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California Proposition 19, which appeared on the November 3, 2020, ballot, appears likely to pass. The measure currently has a 51.1% “Yes” vote, although all votes have not been counted and the results of the election have...more

Polsinelli

Prop 15 is Ready to Rock Commercial Properties with the Split-Roll

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On November 3, 2020, California voters will decide on Proposition 15, the citizen-initiated proposition that seeks to create a split-roll tax system in California. Also known as “The California Schools and Local Communities...more

Holland & Knight LLP

Property Tax Initiative Qualifies for Ballot and Could Partially Undo California's Proposition 13

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Proposition 13, California's long-standing property tax law, is at risk of being partially unraveled, and along with it, property owners would incur a substantial increase in property taxes. On May 29, 2020, the initiative,...more

Allen Matkins

Proposition 13 Overhaul Qualifies for November Ballot

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California Secretary of State Alex Padilla announced on Friday, May 29, 2020, that the revised initiative entitled "The California Schools and Local Communities Act of 2020" officially qualified for the November ballot. If...more

Best Best & Krieger LLP

Best in Law: Possible Prop. 13 Changes Will Impact Businesses - Partner Gregory Snarr Discusses Potential Ballot Measure

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In 2020, California voters will likely have the opportunity to change a provision of Proposition 13 that will substantially impact California businesses. Originally posted in The Press-Enterprise and other Southern...more

Orrick, Herrington & Sutcliffe LLP

Proposition 13 Ballot Initiative Qualifies for Signature Gathering

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Proponents of The California Schools and Local Communities Funding Act of 2018 have received clearance from the California Attorney General to gather signatures in support of a ballot initiative to revoke Proposition 13...more

Holland & Knight LLP

West Coast Real Estate Update: March 2017

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Gov. Brown Opposes Measure S - In a statement published less than two weeks before Los Angeles' Consolidated Municipal and Special Elections to be held on March 7, 2017, California Gov. Jerry Brown came out in opposition...more

Holland & Knight LLP

West Coast Real Estate Update: June 2016 #2

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LACMTA Approves Tax Ballot Measure to Fund $120 Billion Transit Plan - The Los Angeles County Metropolitan Transportation Authority (LACTMA) on June 24, 2016, approved a sales tax ballot measure to help fund $120 billion...more

Holland & Knight LLP

West Coast Real Estate Update: June 2016 #1

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California Governor Proposes "Build By Right" Approval Process for Affordable Housing - Recognizing the extreme need throughout California for construction of new affordable housing units, on May 13, 2016, Gov. Jerry...more

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