Thomas D. Elias: Prop. 13 Changes Could Become a Necessity

Summary


For starters when talking about possible changes in Proposition 13, it's important never to forget that as with other California initiatives passed at the ballot box, the landmark property tax- cutting measure that passed handily in 1978 can only be changed via a popular vote.

It's just as important to know that the regulations and definitions governing Proposition 13's enforcement are different. Adopted by state lawmakers early in 1979, several months after the initiative passed, they can be changed by legislative vote.

See the full content of this document

Extract


Thomas D. Elias: Prop. 13 Changes Could Become a Necessity

These realities may soon come into play both because of growing uncertainties about basic assumptions in the current state budget and the vocal backing Los Angeles Mayor Antonio Villaraigosa has just given to the idea of reducing t...

See the full content of this document

Sponsored links




ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2012, vLex. All Rights Reserved.

Contents in vLex United States

Explore vLex

For Professionals

For Partners

Company