some might recall, we ve talked about the effect of Prop 13 on land use in PA for some time. From Roundup: Dan Walters writes that the blue ribbon taxMessage 1 of 1 , Apr 28, 2009View Sourcesome might recall, we've talked about the effect of Prop 13 on land use in PA for some time.
"Dan Walters writes that the blue ribbon tax commission is considering a recommendation for a split roll property tax, perhaps a narrowly crafted one that could avoid a contentious ballot fight.
"[S]plit-roll advocates on the commission, such as former Assemblyman Fred Keeley, continued to press for its consideration. What intrigues advocates – and worries business groups – is that while Proposition 13 is a constitutional provision that's difficult to modify, it would be theoretically possible for one form of a split property tax roll to be adopted by a simple-majority vote of the Legislature and a signature by a governor.
"One section of Proposition 13 requires taxable values to be upgraded when a parcel changes ownership. Homes almost always change hands in one sale, but business property is most often transferred incrementally, as ownership of corporations changes through stock sales. And unless more than 50 percent changes hands in one transaction, Proposition 13's reassessment provisions are not triggered.
"One option that the reform commission is weighing is legislation to alter the legal definition of "change of ownership," triggering an upgrading of taxable values when the cumulative transfer of business ownership rises above 50 percent.
"It's still not likely to happen, but as the state's budget crisis deepens, even the politically unthinkable surfaces."
Co-chair, Bay Area Transportation Committee
California/Nevada Regional Conservation Committee, Sierra Club
Alliance for a Livable Palo Alto liaison to TransForm