California Proposition 13

Bradley R. Marsh and Jennifer A. Vincent to Present on California Property Tax Planning After Proposition 19

Retrieved on: 
Wednesday, January 26, 2022

SAN FRANCISCO, Jan. 26, 2022 /PRNewswire-PRWeb/ -- San Francisco Co-Managing Shareholder Bradley R. Marsh and Associate Jennifer A. Vincent of global law firm Greenberg Traurig, LLP will present a virtual program titled "California Property Tax Planning After Proposition 19" Jan. 31 from 10-11 a.m. PST.

Key Points: 
  • SAN FRANCISCO, Jan. 26, 2022 /PRNewswire-PRWeb/ -- San Francisco Co-Managing Shareholder Bradley R. Marsh and Associate Jennifer A. Vincent of global law firm Greenberg Traurig, LLP will present a virtual program titled "California Property Tax Planning After Proposition 19" Jan. 31 from 10-11 a.m. PST.
  • The webinar , hosted by CalCPA, will identify the changes made by Proposition 19 and discuss how to move forward with property tax planning.
  • The webinar will also focus on California Proposition 13, legal entity property tax rules, and property tax planning techniques for families.
  • Greenberg Traurig's multidisciplinary tax team works closely with clients to address these and other tax planning needs, as well as tax controversies and litigation issues.

Pappas: Which properties have the biggest property tax increases since 2000? If you didn't vote … Don't complain.

Retrieved on: 
Tuesday, January 5, 2021

Called "The Top 50," the report lists the 50 Property Index Numbers (PINs) with the largest tax increases from 2000 to 2019 in Chicago and the suburbs, both residential and commercial.

Key Points: 
  • Called "The Top 50," the report lists the 50 Property Index Numbers (PINs) with the largest tax increases from 2000 to 2019 in Chicago and the suburbs, both residential and commercial.
  • Just follow these steps:
    The Top 50 report also breaks down the 50 largest residential and commercial property tax increases in each of Chicago's wards.
  • The report analyzed the property tax bills for PINs which did not change property tax classifications from 2000 to 2019.
  • For residential properties, the report analyzed properties with only a Homeowner's Exemption and excluded properties with other property tax exemptions, such as the Senior Citizen Exemption, which affect the change in tax bills.

Proposition 21 Opposed by Major Black Groups

Retrieved on: 
Thursday, October 22, 2020

Four major Black organizations in the Los Angeles area today announced their opposition to Proposition 21, the statewide ballot measure they say will increase housing costs and limit the availability of affordable housing for African Americans.

Key Points: 
  • Four major Black organizations in the Los Angeles area today announced their opposition to Proposition 21, the statewide ballot measure they say will increase housing costs and limit the availability of affordable housing for African Americans.
  • Gavin Newsom, senior, veteran, labor and affordable housing groups in urging members to vote no on Proposition 21.
  • The four groups note that every nearly major Black publication in the Los Angeles area also oppose Proposition 21, including the Los Angeles Sentinel.
  • Proposition 21 is also opposed by nearly every daily newspaper in the state as well as a broad coalition of community groups.

Urban Turmoil Fuels "Great Migration" and Cities May Never Fully Recover

Retrieved on: 
Tuesday, October 20, 2020

To say that 2020 has been difficult for investment property owners and real estate investors would be a whopper of an understatement.

Key Points: 
  • To say that 2020 has been difficult for investment property owners and real estate investors would be a whopper of an understatement.
  • In California, politicians have proposed legislation this year that would raise the top tax rate on millionaires to 54%.1Yes, that is correct.
  • Proposition 15 repeals the long-standing Proposition 13 tax breaks for commercial and industrial and larger residential properties.
  • With businesses closing and residents moving, cities will be hard pressed to replace the lost tax revenue.

100+ Mayors, Local Leaders Join Gov. Newsom in Opposing Proposition 21, the "Housing Freeze"

Retrieved on: 
Monday, October 5, 2020

The comprehensive list of officials includes County Supervisors, Mayors, City Council Members, city clerks and board members.

Key Points: 
  • The comprehensive list of officials includes County Supervisors, Mayors, City Council Members, city clerks and board members.
  • Prop 21 also could result in tens of millions of dollars per year in increased costs to local government.
  • Proposition 21 will make Californias housing crisis even worse, notes Tom Bannon, Chief Executive Officer of the California Apartment Association and Californians for Responsible Housing, the campaign opposing the ballot measure.
  • Local officials opposed to Prop 21 include:
    In addition to these local officials, Proposition 21 is opposed by Governor Gavin Newsom.

Proposition 21 Opposed by More Than 30+ Central Valley Mayors, Leaders, Groups

Retrieved on: 
Thursday, October 1, 2020

More than 30 elected officials and groups from throughout the Central Valley today announced their opposition to Proposition 21, the November measure that opponents say will reduce affordable housing in the region and could lead to cuts in community services.

Key Points: 
  • More than 30 elected officials and groups from throughout the Central Valley today announced their opposition to Proposition 21, the November measure that opponents say will reduce affordable housing in the region and could lead to cuts in community services.
  • The comprehensive list of officials opposed to Proposition 21 includes County Supervisors, Mayors, City Council Members, and local business and community groups from throughout the Central Valley.
  • Elected officials and groups opposing Prop 21 include:
    Mayor Brand and the community groups join a broad, bipartisan coalition including labor, veterans, senior, affordable housing, taxpayer and other organizations opposed to Proposition 21.
  • The Fresno Bee, Modesto Bee, Merced Sun-Star, and Bakersfield Californian also have editorialized against Proposition 21.

Proposition 21 Campaign Ad Blasted by Veterans for Using Actor to Portray War Hero

Retrieved on: 
Tuesday, September 15, 2020

Proposition 21 is opposed by the states leading veterans groups.

Key Points: 
  • Proposition 21 is opposed by the states leading veterans groups.
  • Veterans groups opposing Proposition 21 include: American Legion, Department of California; Veterans of Foreign Wars, Dept.
  • This complaint filed today is yet another probe into the AIDS Healthcare Foundation, the major funder of the Proposition 21 initiative.
  • Ad paid for by No on Prop 21: Californians for Responsible Housing, a coalition of seniors, veterans, affordable housing advocates, labor & social justice organizations, sponsored by California Apartment Association.

Proposition 21 Opposed By Governor Gavin Newsom

Retrieved on: 
Saturday, September 12, 2020

Governor Newsom today announced his opposition to Proposition 21, the housing freeze initiative on the November ballot.

Key Points: 
  • Governor Newsom today announced his opposition to Proposition 21, the housing freeze initiative on the November ballot.
  • But Proposition 21, like Proposition 10 before it, runs the all-too-real risk of discouraging availability of affordable housing in our state.
  • We appreciate that Governor Newsom is joining the broad coalition of veterans, affordable housing advocates, labor, civil rights groups and other opponents to a once-rejected ballot measure that will worsen Californias affordable housing crisis.
  • Ad paid for by No on Prop 21: Californians for Responsible Housing, a coalition of seniors, veterans, affordable housing advocates, labor & social justice organizations, sponsored by California Apartment Association.

Proposition 21 Endorsed by Coalition of Faith Leaders, Community Organizations

Retrieved on: 
Friday, August 14, 2020

Housing justice advocates and champions of Proposition 21 today announced that a broad coalition of faith leaders and organizations throughout California have endorsed Prop 21, the November 2020 state ballot initiative that will limit unfair rent increases and preserve affordable housing in California.

Key Points: 
  • Housing justice advocates and champions of Proposition 21 today announced that a broad coalition of faith leaders and organizations throughout California have endorsed Prop 21, the November 2020 state ballot initiative that will limit unfair rent increases and preserve affordable housing in California.
  • We are honored to have the support of faith leaders of different religions and denominations from across the state, said Ren Christian Moya, director of the Prop 21 campaign.
  • It would allow local communities to:
    Housing Is A Human Right (HHR) is the housing advocacy division of AIDS Healthcare Foundation (AHF), and the leading sponsor of Proposition 21.
  • Proposition 21 is sponsored by Yes on 21 Renters and Homeowners United to Keep Families in Their Homes, Sponsored by AIDS Healthcare Foundation, with significant funding by the AIDS Healthcare Foundation.

Leading Senior Groups Announce Opposition to Proposition 21

Retrieved on: 
Wednesday, August 5, 2020

The groups say Proposition 21 would make it more difficult for seniors to find affordable housing by slowing the construction of new projects and reducing the number of properties on the market to rent.

Key Points: 
  • The groups say Proposition 21 would make it more difficult for seniors to find affordable housing by slowing the construction of new projects and reducing the number of properties on the market to rent.
  • They also pointed to findings of the nonpartisan Legislative Analysts Office analysis of the initiative, which noted Proposition 21 will diminish property values and result in less revenue for communities.
  • And for senior renters on fixed incomes, Prop 21 would result in less affordable rental housing options.
  • A similar measure, defeated overwhelmingly by California voters in 2018, also was strongly opposed by senior and veterans groups.