SACRAMENTO – Today, on the eve of the 36th anniversary of the historic passage of taxpayer protection measure Proposition 13, Senator Mike Morrell (R-Rancho Cucamonga) rose on the Senate floor to recognize its impact on California.
“Few laws have done more than Prop. 13 to keep California seniors in their homes and help first-time homeowners,” said Morrell. “It has kept property taxes fixed and predictable for over three decades now. All this time later, it’s still a bold reminder of the need to keep the state in check. It further reinforces the role everyday citizens can play in determining the size and scope of their government.”
Proposition 13 was overwhelmingly approved by California voters in 1978 to rein in high property taxes. During a time of economic uncertainty, the law ushered in welcome tax stability and predictability for homeowners, many of whom were seniors on fixed incomes or first time homebuyers that faced the prospect of losing their houses because they could not pay the taxes. Over 30 years later, it still remains popular with voters.
To mark the occasion, Morrell introduced Senate Resolution 41. The measure focuses on the anniversary of the initiative as well as highlights some of the positive impacts it has had on Californians, including saving homeowners and business owners thousands of dollars each year as well as providing a predictable source of revenue for the state.
“Prop. 13 is one of the best examples of direct democracy in action,” continued Morrell. “At a time when members of the majority party are introducing bill after bill to chip away at the heart of Prop. 13, it’s important that we don’t lose sight of the positive impact it’s had and continues to have on the lives of working Californians. I look forward to sharing those facts with my colleagues as my resolution works its way through the committee process.”
Senate Resolution 41 is expected to be heard in the Senate Governance and Finance Committee on June 11.