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Proposition 19:
The Home Protection for Seniors, Severely Disabled, Families, and Victims of Wildfire or Natural Disaster Act

On November 3, 2020, California voters approved Proposition 19, The Home Protection for Seniors, Severely Disabled, Families, and Victims of Wildfire or Natural Disasters Act. Proposition 19 has two basic components.

One allows homeowners who are 55 years of age or over, disabled, or victims of a wildfire or natural disaster, to transfer their lower assessed property value of their primary home to a newly purchased or newly constructed replacement principal residence up to three times anywhere in the state. More information

The second imposes new limits on property tax benefits for Intergenerational Family Transfers. A parent may transfer the lower property tax base to their child or children if the property is the principal residence of the parents and the child makes it their principal residence within one year. More information

For more information go to the State Board of Equalization web site: https://www.boe.ca.gov/prop19/

Proposition 58/193:
Transfers between Parent/Child or Grandparent/Grandchild

Proposition 19 repealed the former parent-child and grandparent-grandchild exclusions that were added by ropositions 58 (1986) and 193 (1996). These exclusions are now inoperative as of February 16, 2021 and are only effective for parent-child or grandparent-grandchild transfers that occurred on or before February 15, 2021. Please visit the Proposition 19 webpage for information on the new operative parent-child and grandparent-grandchild exclusions.

Proposition 60/90:
Transfer of base year value for persons age 55 and over

Effective April 1, 2021, Proposition 19 provisions potentially affect the former base year value transfers for persons age 55 and over that were added by Propositions 60 (1986) and 90 (1988). Please visit the Proposition 19 webpage for information on the operative base year value transfers for persons age 55 and over.