SACRAMENTO — A ballot measure that would overhaul the state’s tax-cutting Proposition 13 by charging companies in the state billions of dollars more in property taxes will go before voters in 2020.
The measure, which is backed by community groups, education advocates and unions, qualified for the November 2020 ballot on Tuesday when the secretary of state determined that the supporters had gathered more than the needed 585,407 valid signatures of registered voters. Proponents call it the first proposed change in commercial property taxes to qualify for the ballot since Prop. 13 passed in 1978.
“Californians now have the opportunity to reform a 40-year injustice,” said Helen Hutchison, president of the League of Women Voters of California, one of the groups supporting the measure. “After five years of planning and strategizing, we have qualified a split-roll initiative for the ballot — an achievement once thought impossible.”