Revamped Calif. Property Tax Plan Still Stoking Dissent
Law360 (April 29, 2020, 7:58 PM EDT) -- Supporters of a hotly debated California ballot measure that would change how commercial and industrial property is taxed have submitted a reworked proposal exempting small businesses to the secretary of state, but the changes are failing to assuage the opposition.
The Wilshire Grand Center in Los Angeles. An updated ballot initiative would remove commercial and industrial properties from the protection of California's longstanding Proposition 13. (AP) A revamped version of the initiative, known as the California Schools and Local Communities Funding Act, would remove commercial and industrial properties from the protection of California's Proposition 13. It has been submitted to Secretary of State Alex Padilla...
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