But a split roll initiative is circulating right now, with sponsors in the School and Communities First Coalition including the California League of Women Voters. But that group has reportedly cut the fee it pays petition circulators for valid voter signatures from $3 to $2, probably assuring they won’t gather the needed 585,407 names until after the deadline for reaching this November’s general election ballot.
But there will still be some Proposition 13 action this year. California realtors have placed a measure on the November ballot allowing over-55 citizens to move anywhere in the state and keep their current tax level if they buy a new home for the same or a lower price than what they’re selling. There’s also a formula keeping property taxes down for them if they buy something more expensive.
Seniors can already do most of this within some counties, but not all.
Read More: https://smmirror.com/2018/06/opinion-waiting-for-real-proposition-13-change/