DO NOT SIGN PETITIONS
Split Roll Property Tax Measure Gathering Signatures
March 22, 2018
It is very important that NAIOP SoCal members are aware that there is currently a petition being circulated for signatures to place a split roll property tax amendment to Proposition 13 on the ballot.
If this measure is passed commercial property will no longer have its Proposition 13 property tax protections.
Do not sign the measure. It is called “The Schools and Community Funding Act of 2018”. The ballot title is:
“Requires certain commercial and industrial real property to be taxed based on fair-market value. Dedicates portion of any increased revenue to education and local services.”
Ballot Title and Summary Download PDF
Complete Text of Ballot Measure Download PDF
Please feel free to contact Director of Legislative Affairs Vickie Talley with comments and suggestions.