California Proposition 15

PG&E Pays Over $268 Million in Property Taxes to 50 California Counties

Retrieved on: 
Monday, December 14, 2020
Alternative energy, Energy, Utilities, Oil, Gas, Energy in California, Financial District, San Francisco, Pacific Gas and Electric Company, Tax, California, Property taxes, States of the United States, Taxation in California, California Proposition 15

For the second half of 2020, Pacific Gas and Electric Company (PG&E) paid property taxes of over $268 million to the 50 counties where it owns properties that support gas and electric service to 16 million Californians.

Key Points: 
  • For the second half of 2020, Pacific Gas and Electric Company (PG&E) paid property taxes of over $268 million to the 50 counties where it owns properties that support gas and electric service to 16 million Californians.
  • Property tax payments are one of the important ways PG&E helps drive local economies and supports essential public services like education and public safety.
  • PG&Es payments of more than $268 million covers the period from July 1 to December 31, 2020.
  • PG&Es First Installment of Property Taxes Paid on December 10, 2020

No on Proposition 21 Statement on Election Victory

Retrieved on: 
Wednesday, November 4, 2020
Elections, Campaigns, Residential Building & Real Estate, State, Local, Construction & Property, Public policy, Government, California Proposition 21, California Proposition 2, Property taxes, Taxation in California, Affordable housing, California Proposition 15

Tom Bannon of Californians for Responsible Housing, the CEO of the California Apartment Associated, issued the following statement on the results of the 2020 election showing the defeat of Proposition 21.

Key Points: 
  • Tom Bannon of Californians for Responsible Housing, the CEO of the California Apartment Associated, issued the following statement on the results of the 2020 election showing the defeat of Proposition 21.
  • 21 would have had on the availability of affordable housing in our state by clearly rejecting this radical ballot measure.
  • This outrageous misuse of federal funds meant for health care deserves even greater scrutiny by the California Attorney General, federal and state government.
  • 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.

Black Women Leaders Host Statewide Call to Action in Support of Pro-Black Initiatives: Prop 15, Prop 16 and Prop 21

Retrieved on: 
Thursday, October 22, 2020
African-American, Consumer, Other Construction & Property, State, Local, Residential Building & Real Estate, Public policy, Commercial Building & Real Estate, Other Policy Issues, Construction & Property, Other Government, Elections, Campaigns, Public policy, Government, States of the United States, Property taxes, Taxation in California, California, California Proposition 15, California State Legislature, California Proposition 2, Prop, California Proposition 16

The California Democratic Party Black Caucus ( CDP Black Caucus ) is hosting a statewide press conference across four (4) locations simultaneously to call on Black Californians to support pro-Black ballot initiatives on the November ballot, including Prop 15 (split roll tax), Prop 16 (repeal of Prop 209) and Prop 21 (rent control).

Key Points: 
  • The California Democratic Party Black Caucus ( CDP Black Caucus ) is hosting a statewide press conference across four (4) locations simultaneously to call on Black Californians to support pro-Black ballot initiatives on the November ballot, including Prop 15 (split roll tax), Prop 16 (repeal of Prop 209) and Prop 21 (rent control).
  • Press conferences will be held in Sacramento, Oakland, Los Angeles and San Diego at 12:30 p.m. Thursday, October 22nd.
  • Speakers will address the direct benefits the initiatives will have on the Black community, as well as call out the recent egregious attempts by bad actors within the African American community to mislead us.
  • Black women leaders to call on Black Californians to support pro-Black ballot initiatives on the November ballot; also call out insidious attempts to undermine the initiatives by some bad actors within the African American community.

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

Retrieved on: 
Tuesday, October 20, 2020
Taxation in California, Property taxes, California Proposition 13, California Proposition 15, Tax, Payments, Government

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.