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Save the date! Reinstate 58: A Special HJTA Taxpayer Webinar on Prop. 19
Save the date! This free taxpayer webinar on Proposition 19 will be held online on Wednesday, July 14, starting at 10:00 a.m.
Previously under Proposition 58, passed overwhelmingly in 1986, a home of any value and up to $1 million in assessed value of other property could be transferred between generations without any change to the property tax bill.
But because of Proposition 19, that is no longer true. Now, transferred property will be reassessed to market value as of the date of transfer with only limited exceptions. Children who cannot afford the new tax bill will be forced to sell.
Find out what we are doing about it on Wednesday, July 14.
We will be sending you more details soon about how to register for this free event for HJTA members and supporters but in meantime, do not forget to mark your calendar for Wednesday, July 14 at 10 a.m. We look forward to seeing you at this special webinar on Proposition 19 and how we plan to Reinstate 58.
For more information, visit hjta.org/Reinstate58. Tell a friend!
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