Prop 15, aimed at raising taxes on commercial properties, is dead

Proposition 15, the statewide ballot initiative that would have raised taxes on large commercial property owners, has been defeated. Unofficial results from election night showed voters had rejected the measure. A week into counting, there are likely not enough ballots remaining to change that outcome, the Los Angeles Times reported, citing the Associated Press’ tally. [...]

By |2020-11-16T18:01:03+00:00November 16th, 2020|.|Comments Off on Prop 15, aimed at raising taxes on commercial properties, is dead

California Property Tax, Rent Control Ballot Measures Now Have Names and Numbers

California election officials assigned numbers to a dozen statewide initiatives on the November ballot, including the high-profile property tax and rent control measures that are vehemently opposed by the commercial real estate industry and other business groups. Secretary of State Alex Padilla this week presented the newly numbered rent control and split-roll property tax [...]

By |2020-07-09T22:34:26+00:00July 9th, 2020|.|Comments Off on California Property Tax, Rent Control Ballot Measures Now Have Names and Numbers