Proposition 19: Property Tax Transfers
Proposition 19 would allow adults 55+, people living with severe disabilities, and victims of natural disasters to transfer their property tax assessment to another home. It would also close the so-called "Lebowski" loophole ... requiring people who inherit property to pay market rate tax assessment if they do not make the home their primary residence.
This episode is part of our Bay Curious Prop Fest series, which explores the 12 propositions on California's ballot. The series runs from Oct. 1-16, with new episodes dropping every. weekday.
Additional Reading:
- Episode transcript: https://www.kqed.org/news/11841414
- Prop Fest Homepage: https://www.kqed.org/propfest
- KQED Election Coverage: https://www.kqed.org/elections
Reported by Joe Fitzgerald Rodriguez. Bay Curious is made by Olivia Allen-Price, Katrina Schwartz, Katie McMurran and Rob Speight. Additional support from Erika Aguilar, Jessica Placzek, Kyana Moghadam, Paul Lancour, Bianca Hernandez, Ethan Lindsey, Vinnee Tong and Michelle Wiley.
Learn more about your ad choices. Visit megaphone.fm/adchoices
More description
Proposition 19 would allow adults 55+, people living with severe disabilities, and victims of natural disasters to transfer their property tax assessment to another home. It would also close the so-called "Lebowski" loophole ... requiring people who inherit property to pay market rate tax assessment if they do not make the home their primary residence.
This episode is part of our Bay Curious Prop Fest series, which explores the 12 propositions on California's ballot. The series runs from Oct. 1-16, with new episodes dropping every. weekday.
Additional Reading:
- Episode transcript: https://www.kqed.org/news/11841414
- Prop Fest Homepage: https://www.kqed.org/propfest
- KQED Election Coverage: https://www.kqed.org/elections
Reported by Joe Fitzgerald Rodriguez. Bay Curious is made by Olivia Allen-Price, Katrina Schwartz, Katie McMurran and Rob Speight. Additional support from Erika Aguilar, Jessica Placzek, Kyana Moghadam, Paul Lancour, Bianca Hernandez, Ethan Lindsey, Vinnee Tong and Michelle Wiley.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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