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What Should California Residents Know About Proposition 19?

On Election Day 2020, California voters narrowly approved Proposition 19 (“Prop 19”), a constitutional amendment designed to change the way that tax assessments can be transferred. Although the amendment covered many different areas, those most likely to benefit from Prop 19 (or notice its changes) are 55-and-older homeowners, the severely disabled, or victims of a natural disaster who are trying to sell their homes or those buyers whose property tax may be reassessed.1, 3 Ultimately, Prop 19 didn’t win by a rousing majority, garnering just 51 percent of the total vote.2 What should California residents know about the changes coming as a result of the passage of Prop 19?

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