Will the "Local Taxpayer Protection Act to Save Proposition 13" pass (Prop 43)
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Guncelligini yitirmis25 Nis 26 03:46 UTC4 Kas 26 23:59 UTC
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https://www.reformcalifornia.org/news/save-prop-13-qualifies-for-november-ballot
- Resolution criteria
- This market will resolve to YES if the ballot measure officially referred to as the "Local Taxpayer Protection Act to Save Proposition 13" (or commonly referred to as the "Save Prop 13" initiative) receives a majority of "YES" votes from California voters in the November 3, 2026, statewide general election.
- It will resolve to NO if it fails to receive a majority of votes or if the measure is removed from the ballot by court order or other legal action prior to the election.
- The official outcome will be determined by the certified results published by the California Secretary of State.
- Proposition 13, passed by California voters in 1978, caps property tax rates at 1% of the assessed value and limits annual assessment increases to a maximum of 2%, with reassessment generally occurring only upon a change in ownership.