An initiative to protect Prop. 13 for our children – HJTA has filed an initiative with the Attorney General
Sign up now to help gather signatures for an initiative that will restore ability of parents to transfer property to their children without an increase in property taxes upon their deaths.
When petitions are ready, volunteers will receive flyers, imprinted pens, banners, petitions and complete instructions.
Sign up now so you can receive your materials and hit the ground running right away.
Previously under Proposition 58, passed overwhelmingly in 1986, a home of any value and up to $1 million in assessed value of other property could be transferred between generations without any change to the property tax bill.
But because of Proposition 19, that is no longer true. Now, all transferred property will be reassessed to market value as of the date of transfer. The only exceptions are a family home that becomes the permanent primary residence of the child within one year, and some family farms.
The new annual tax bill on the family’s property will be 1% of the current market value. Children who can’t afford the new tax bill will be forced to sell.
Housing. It’s an issue full of inequities that continue to impact minority and Black families in California. Whether it was redlining in the 1930s, a
The Howard Jarvis Taxpayers Association is recruiting an army of volunteers for a new initiative to repeal the “death tax” that was a little-noticed provision
SACRAMENTO—The Howard Jarvis Taxpayers Association filed an initiative with the attorney general’s office on Thursday that aims to reverse the tax increase on parent-child transfers
