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A constitutional amendment that changes property tax assessment and inheritance rules in California. It was approved by voters in 2020 and sponsored by the California Association of Realtors.
Proposition 19, approved by California voters in 2020, changes the rules for property tax exemptions and transfers for seniors, disabled, families, and disaster victims. Learn about the new eligibility criteria, value limits, filing periods, and comparison charts for different scenarios.
8 maj 2021 · Learn how Prop 19 changes tax assessment transfers, inherited properties, and revenue for fire protection and local governments. Find out the eligibility, rules, and effective dates of this constitutional initiative passed in 2020.
Learn about the changes in property tax assessment for intergenerational transfers of family homes and farms under Proposition 19, effective from December 2020. Find answers to common questions about eligibility, value limits, exclusions, and reassessments.
19 paź 2020 · The biggest winners under Proposition 19 would be homeowners 55 and older who would pay lower property taxes when moving to a new, more expensive residence.
Learn about the intergenerational transfer exclusion and base year value transfer for property tax savings under Proposition 19, approved by California voters in 2020. Find out the eligibility, value limit, application and calculation requirements for different types of transfers.
Proposition 19 is a ballot measure that would allow homeowners over 55, disabled, or wildfire/disaster victims to transfer their tax base to a new home. It would also change the taxation of family-property transfers and create a fire protection services fund.
