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1972 – Over 45 years of service to the commercial industrial retail real estate industry – 2018.

THERE IS NO LOOPHOLE IN PROPOSITION 13

May 18, 2018

Patricia Bates, the California Senate’s Republican leader and Jon Coupal, president of the Howard Jarvis Taxpayers Association, explain why there is no so-called “loophole” in the Prop. 13.

There is an ambiguity that could be clarified – and CBPA sponsored a measure in the past to do just that.  Senator Bates is attempting that fix again.  Last time it was attempted the author of the measure – a Democrat – found the rug pulled-out from under him as advocates for eliminating Prop. 13 killed the bill so as not to take away an effective cudgel for their effort.

The bill, SB 1237 will be heard next week in the Senate Governance and Finance Committee.

Click here to read the article.

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