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Shining Light on Farm & Food Policy for 20 Years.
Friday, November 22, 2024
Though Proposition 15 is still alive for now, several political consultants offered their thoughts on why the tax on commercial property has been trailing.
Polling shows the fight over Prop. 15 on the November ballot to be a tight race, offering hope for the coalition of farm groups that has been among the earliest opponents of the ballot measure on property taxes.
Senators on Thursday passed a ballot measure proposal that would allow some property tax rate transfers for family farms and new residences, while limiting parent-to-child transfers.
Agriculture is meant to be exempt from a ballot measure that would raise property taxes by repealing parts of Prop. 13 and replacing them with a split-roll tax.
