Amendments To Prop 13
- California Proposition 8 (November 1978) allowed for a reassessment of real property values in a declining market.
- California Proposition 60 (1986) allowed homeowners over the age of 55 to transfer the assessed value of their present home to a replacement home if the replacement home is located in the same county, is of equal or lesser value, and purchased within 2 years of sale.
- California Proposition 39 (2000) lowered the required supermajority necessary in order for voters to impose local school bond acts, from 2/3 of all votes cast, to fifty-five percent (11/20ths)
Read more about this topic: California Proposition 13 (1978)
Famous quotes containing the words amendments and/or prop:
“Both of us felt more anxiety about the South—about the colored people especially—than about anything else sinister in the result. My hope of a sound currency will somehow be realized; civil service reform will be delayed; but the great injury is in the South. There the Amendments will be nullified, disorder will continue, prosperity to both whites and colored people will be pushed off for years.”
—Rutherford Birchard Hayes (1822–1893)
“Them she upstays
Gently with myrtle band, mindless the while
Herself, though fairest unsupported flower,
From her best prop so far, and storm so nigh.”
—John Milton (1608–1674)