California Proposition 15

Proposition 15 would allow appraisers to assess property taxes based on market rate values for commercial and industrial properties. For commercial landlords, reassessment only occurs if landlord owns $3 Million or more of properties.

If passed, $12.5 Billion dollars would be raised for 60% for cities/local governments and 40% K-12 schools and community colleges.

Seller · Topic · 5 months · 4130 views


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