Judge orders changes to voter guide for property tax measure

A California judge has ordered changes to an election guide mailed to every registered California voter this fall, ruling Wednesday that some arguments opposing a hotly contested property tax initiative are “false or misleading.”

Proposition 15 will ask voters to raise taxes on business properties with a value of $3 million or more. Supporters say the change will generate an additional $12 billion for struggling local government and public school budgets that depend on property taxes for most of their revenue. But opponents say the measure will hurt businesses during a pandemic-induced economic recession that has already cost millions of people their jobs.

The measure would repeal portions of Proposition 13, the landmark 1978 ballot initiative that changed how California assesses property taxes. The law set property taxes for homes, businesses and farmland at 1% of the sales price and limited tax increases at 2% per year. Proposition 15 would let local governments assess the taxable value of some business properties based on their market value at least once every three years. …

Click here to read the full article from the Associated Press.

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