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Business license compliance, management and reporting made easy with Haws Consulting Group
Brand new for the 2010 compliance year, Haws Consulting Group offers a comprehensive business license and on-line tracking solution.
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| Property Tax Fact #1 |
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| Written by Lance Hulsey | |
| Wednesday, 12 May 2004 | |
Origin of California's Proposition 13Proposition 13, officially titled the "People's Initiative to Limit Property Taxation," was a ballot initiative to change the constitution of the state of California. It was enacted by the voters of California on June 6, 1978. It would eventually be upheld as constitutional by the United States Supreme Court in the case of Nordlinger v. Hahn[1], 505 U.S. 1 (1992). Its passage resulted in a cap on property tax rates in the state, reducing them by an average of 57%. Proposition 13 received an enormous amount of publicity, not only in California, but throughout the United States. Its passage presaged a "taxpayer revolt" throughout the country that is thought to have contributed to the election of Ronald Reagan to the presidency in 1980. |
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| Last Updated ( Tuesday, 09 February 2010 ) |
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HCG Newsflash
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Just a reminder that the statutory drop dead date for the California property tax filings is May 7. See: California Revenue and Taxation Code Section 441(b). If you have any questions, please drop us a line 408-369-7272 |
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