Property tax rules for inherited property. [Ballot]

Jan 21, 2026 - Property taxes are a major revenue source for local governments, raisin g about $100  billion annually statewide. How Is a Property Tax Bill Calculated? Each annual property tax bill is equal to the taxable value of the property multiplied by the property tax rate.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-035

Property tax rules for inherited property. [Ballot]

Oct 22, 2025 - Property taxes are a major revenue source for local governments, raisin g about $100  billion per year (annually) statewide. How Is a Property Tax Bill Calculated? Each annual property tax bill is equal to the taxable value of the property multiplied by the property tax rate.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-017

Property taxes. [Ballot]

Aug 4, 2023 - How Is a Property Tax Bill Calculated? Each annual property tax bill is equal to the taxable value of the property multiplied by the property tax rate. The typical property tax rate is 1.1  percent. In the year a new owner takes over a property, its taxable value typically is its purchase price.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-005

Local taxes. [Ballot]

Aug 14, 2025 - (This one county is San Francisco, which instead imposes the tax discussed in the next paragraph.) Charter City-Only Transfer Taxes. Court decisions in the early 1990s determined charter cities could impose their own transfer tax on the sale of real property.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-006

Local taxes. [Ballot]

Jul 1, 2025 - Counties and cities can use revenues from documentary transfer taxes for any governmental purpose. All counties in California, except for one, impose a documentary transfer tax. (This one county is San Francisco, which instead imposes the tax discussed in the next paragraph.)
https://lao.ca.gov/BallotAnalysis/Initiative/2025-005

Local taxes. [Ballot]

Jul 1, 2025 - Counties and cities can use revenues from documentary transfer taxes for any governmental purpose. All counties in California, except for one, impose a documentary transfer tax. (This one county is San Francisco, which instead imposes the tax discussed in the next paragraph.)
https://lao.ca.gov/BallotAnalysis/Initiative/2025-004

Proposition 15 [Ballot]

Nov 3, 2020 - We call these things “business equipment. ” How Is a Property Tax Bill Calculated? Each property owner ’s annual property tax bill is equal to the taxable value of their property multiplied by their property tax rate.
https://lao.ca.gov/BallotAnalysis/Proposition?number=15&year=2020

Taxation of commercial property. [Ballot]

Oct 2, 2019 - California also levies a corporation tax on the profits of corporations. Property Owners Can Deduct Property Tax Payments From Taxable Income. State law allows property owners to deduct property tax payments from their taxable income for the purposes of calculating PIT and corporation tax payments.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-008

Housing affordability and property taxes. [Ballot]

Nov 29, 2021 - Property taxes are paid based on the taxable value of the property. Property taxes are a major revenue source for local governments, raisin g about $75  billion per year statewide. How Is a Property Tax Bill Calculated?  
https://lao.ca.gov/BallotAnalysis/Initiative/2021-032

Proposition 19 [Ballot]

Nov 3, 2020 - Property taxes raise around $65  billion each year for these local governments. How Is a Property Tax Bill Calculated?   Each property owner ’s annual property tax bill is equal to the taxable value of their property multiplied by their property tax rate.
https://lao.ca.gov/BallotAnalysis/Proposition?number=19&year=2020