Prop 15 is Ready to Rock Commercial Properties with the Split-Roll
By EsqSocial Corporation 30/10/20
On November 3, 2020, California voters will decide on Proposition 15, the citizen-initiated proposition that seeks to create a split-roll tax system in California. Also known as “The California Schools and Local Communities Funding Act of 2020,” Proposition 15 would require most commercial and industrial properties to be reassessed at their market value as early as the 2022-23 lien date and for those subject to reassessment, at least every three years thereafter....
By: Polsinelli