Get PROPOSITIONS 58 & 193

Proposition 58, effective November 6, 1986, is a constitutional amendment approved by the voters of California which excludes from reassessment transfers of real property between parents and children.

However, these changes were made at the expense of the loss of the Prop 58 parent-child exclusion. A primary residence can still be transferred, but the exclusion is limited by several factors.

Proposition 58, effective November 6, 1986, is a constitutional amendment approved by the voters of California which excludes from reassessment transfers of real property between parents and children.

Proposition 58 in California Explained Proposition 58 allows parents to transfer property to their children without triggering a property tax reassessment. Similarly, Proposition 193 permits grandparents to transfer property to their grandchildren without facing property tax reassessment.

Proposition 58, effective November 6, 1986, is a constitutional amendment approved by the voters of California which excludes from reassessment transfers of real property between parents and children.

However, these changes were made at the expense of the loss of the Prop 58 parent-child exclusion. A primary residence can still be transferred, but the exclusion is limited by several factors.

Prop 58 & 193: Exclusion from Property Tax Reassessment Proposition 58 allows parents to transfer property to their children without triggering a property tax reassessment. Similarly, Proposition 193 permits grandparents to transfer property to their grandchildren without facing property tax reassessment.

However, these changes were made at the expense of the loss of the Prop 58 parent-child exclusion. A primary residence can still be transferred, but the exclusion is limited by several factors.

Proposition 58 in California Explained Proposition 58 allows parents to transfer property to their children without triggering a property tax reassessment. Similarly, Proposition 193 permits grandparents to transfer property to their grandchildren without facing property tax reassessment.

Bilingual Education Act (BEA), U.S. legislation (January 2, 1968) that provided federal grants to school districts for the purpose of establishing educational programs for children with limited English-speaking ability.

Proposition 58 in California Explained Proposition 58 allows parents to transfer property to their children without triggering a property tax reassessment. Similarly, Proposition 193 permits grandparents to transfer property to their grandchildren without facing property tax reassessment.

Prop 58 & 193: Exclusion from Property Tax Reassessment Proposition 58 allows parents to transfer property to their children without triggering a property tax reassessment. Similarly, Proposition 193 permits grandparents to transfer property to their grandchildren without facing property tax reassessment.

Proposition 58 allows the new property owner to avoid property tax increases when acquiring property from their parents. The new owner's taxes are instead calculated on the established Proposition 13 factored base year value, instead of the current market value when the property is acquired.

Prop 58 & 193: Exclusion from Property Tax Reassessment Proposition 58 allows parents to transfer property to their children without triggering a property tax reassessment. Similarly, Proposition 193 permits grandparents to transfer property to their grandchildren without facing property tax reassessment.

Bilingual Education Act (BEA), U.S. legislation (January 2, 1968) that provided federal grants to school districts for the purpose of establishing educational programs for children with limited English-speaking ability.

California Proposition 58 permits each parent with property ownership to transfer $1 million in property value, while allowing their child beneficiary to avoid property tax reassessment. 9. A trust agreement specifies that after a mother passes away, her trust shares are to be distributed equally to her three children.

Bilingual Education Act (BEA), U.S. legislation (January 2, 1968) that provided federal grants to school districts for the purpose of establishing educational programs for children with limited English-speaking ability.

Proposition 58 allows the new property owner to avoid property tax increases when acquiring property from their parents. The new owner's taxes are instead calculated on the established Proposition 13 factored base year value, instead of the current market value when the property is acquired.

Proposition 58, effective November 6, 1986, is a constitutional amendment approved by the voters of California which excludes from reassessment transfers of real property between parents and children. Proposition 58 is codified by section 63.1 of the Revenue and Taxation Code.

Proposition 58 allows the new property owner to avoid property tax increases when acquiring property from their parents. The new owner's taxes are instead calculated on the established Proposition 13 factored base year value, instead of the current market value when the property is acquired.

California Proposition 58 permits each parent with property ownership to transfer $1 million in property value, while allowing their child beneficiary to avoid property tax reassessment. 9. A trust agreement specifies that after a mother passes away, her trust shares are to be distributed equally to her three children.

Students will now have the option to be taught in an English-only environment, or a bilingual environment, where a person of the student's native language teaches them English. This also allows English speaking students to learn in another language.

Proposition 58, effective November 6, 1986, is a constitutional amendment approved by the voters of California which excludes from reassessment transfers of real property between parents and children. Proposition 58 is codified by section 63.1 of the Revenue and Taxation Code.

California Proposition 58 permits each parent with property ownership to transfer $1 million in property value, while allowing their child beneficiary to avoid property tax reassessment. 9. A trust agreement specifies that after a mother passes away, her trust shares are to be distributed equally to her three children.

Students will now have the option to be taught in an English-only environment, or a bilingual environment, where a person of the student's native language teaches them English. This also allows English speaking students to learn in another language.

California's Proposition 58 which grants the ability to avoid property value reassessment on inherited real estate, went in to effect on November 6, 1986. With certain limitations, California Proposition 58 allows for the exclusion for reassessment of property taxes on transfers between parents and children.

Proposition 58, effective November 6, 1986, is a constitutional amendment approved by the voters of California which excludes from reassessment transfers of real property between parents and children. Proposition 58 is codified by section 63.1 of the Revenue and Taxation Code.

California's Proposition 58 which grants the ability to avoid property value reassessment on inherited real estate, went in to effect on November 6, 1986. With certain limitations, California Proposition 58 allows for the exclusion for reassessment of property taxes on transfers between parents and children.

Thus, the law in effect as of the date of death will apply. Proposition 19 is clear that Proposition 58 applies to dates of death that occur on or before February 15, 2021, and Proposition 19 applies to dates of death that occur on or after February 16, 2021.

Students will now have the option to be taught in an English-only environment, or a bilingual environment, where a person of the student's native language teaches them English. This also allows English speaking students to learn in another language.

Thus, the law in effect as of the date of death will apply. Proposition 19 is clear that Proposition 58 applies to dates of death that occur on or before February 15, 2021, and Proposition 19 applies to dates of death that occur on or after February 16, 2021.

Both Proposition 58 and 193 expired on February 15, 2021. Properties transferred after February 15, 2021 will be subject to the more narrow provisions of Proposition 19. Properties transferred prior to February 16 can apply for Proposition 58/193.

California's Proposition 58 which grants the ability to avoid property value reassessment on inherited real estate, went in to effect on November 6, 1986. With certain limitations, California Proposition 58 allows for the exclusion for reassessment of property taxes on transfers between parents and children.

Both Proposition 58 and 193 expired on February 15, 2021. Properties transferred after February 15, 2021 will be subject to the more narrow provisions of Proposition 19. Properties transferred prior to February 16 can apply for Proposition 58/193.

Thus, the law in effect as of the date of death will apply. Proposition 19 is clear that Proposition 58 applies to dates of death that occur on or before February 15, 2021, and Proposition 19 applies to dates of death that occur on or after February 16, 2021.

Both Proposition 58 and 193 expired on February 15, 2021. Properties transferred after February 15, 2021 will be subject to the more narrow provisions of Proposition 19. Properties transferred prior to February 16 can apply for Proposition 58/193.