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

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

Housing affordability and property taxes. [Ballot]

Nov 12, 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/2021-023

Prohibit new taxes on financial assets and other personal property. [Ballot]

Jan 27, 2026 - Background Certain Personal Property Is Taxed in California. Both the state and local governments tax owners of certain personal property based on the property ’s value. Personal property is all the things that people own other than real estate.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-041

Funding for students who attend private schools or are educated at home. [Ballot]

Oct 7, 2025 - The state, however, does exempt nonprofit private schools from income taxes and local property taxes. Homeschool Approximately 175,000 Students Are Educated Through Homeschooling. Homeschooling refers to an arrangement in which students receive most of their education at home under the direction of their parents or other adults (such as private tutors).
https://lao.ca.gov/BallotAnalysis/Initiative/2025-014