A victory for California taxpayers

This past week a direct attack on Proposition 13 was resoundingly voted down by the California State Assembly. Assembly Constitutional Amendment 1 would have changed a key element of Prop. 13 by lowering the current two-thirds vote needed to pass local bonds and special taxes — including parcel taxes — to just 55 percent.
Bond debt and parcel taxes are paid by adding extra charges to property tax bills, sometimes for decades, which are not subject to Proposition 13’s one-percen