Prop 13 Repealed?!

1.5K viewsPublished: January 11, 20208m 42sScore: 82
Regulations & Compliance
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Local Regulations
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Summary

Sean Pan explains California's Proposition 13, which allows property owners to retain their property tax basis, and addresses potential changes to the law. The potential repeal aims to target large commercial properties with over $3M in value and more than 50 employees to avoid impacting single-family homeowners.

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