Proposition 15 would repeal some caps on commercial property taxes first imposed by 1978's Proposition 13. Proposition 19 would allow older, disabled, and some displaced Californians to move their property tax rates with them throughout the state — but would also require the inheritors of homes to live in them in order to claim lower property tax rates.
Proposition 21 would grant local governments broader power to enact rent control.Commercial property tax increaseIn 1978, California voters passed Prop 13, which limited property taxes for the owners of both homes and commercial spaces.
The result was a drastic reduction in property taxes, which critics have argued has hurt the state's schools, which depend on that revenue.