Become part of the movement for unbiased, accessible election information. Donate today.

California Proposition 193, Property Appraisal Exception for Grandparent-Grandchild Property Transfers Amendment (March 1996)

From Ballotpedia
Jump to: navigation, search
California Proposition 193
Flag of California.png
Election date
March 26, 1996
Topic
Taxes
Status
Approveda Approved
Type
Constitutional amendment		Origin
State legislature

California Proposition 193 was on the ballot as a legislatively referred constitutional amendment in California on March 26, 1996. It was approved.

A "yes" vote supported amending the state constitution to not require a new appraisal of real property after the transfer of property between grandparents and grandchildren.

A "no" vote opposed amending the state constitution to not require a new appraisal of real property after the transfer of property between grandparents and grandchildren.



Election results

California Proposition 193

Result Votes Percentage

Approved Yes

3,725,041 67.29%
No 1,810,493 32.71%
Results are officially certified.
Source

Measure design

Proposition 193 amended the California Constitution to state that under certain conditions, real estate transactions between grandparents and grandchildren are exempt from the general rule that a property's tax assessed value should be set at a new level when it is sold.

The conditions under which property transfers between grandparents and grandchildren are exempt from tax-assessment increases beyond the 2% cap are:

  • When both parents of the grandchild are deceased.
  • When the real estate in question is a principal residence.
  • The exemption also applies to the first $1 million of other property.
  • Grandchildren are not eligible to receive the exemption if they have already benefited from a purchase or transfer that was similarly exempt from reappraisal.

Text of measure

Ballot title

The ballot title for Proposition 193 was as follows:

“

Property appraisal. Exception. Grandparent-grandchild transfer. Legislative constitutional amendment.

”

Ballot summary

The ballot summary for this measure was:

“
  • Amends State Constitution by not requiring new appraisal of real property upon purchase or transfer between grandparents and their grandchild, subject to certain conditions.
  • Parents of grandchild must be deceased as of date of purchase or transfer.
  • Purchase or transfer of principal residence does not qualify if grandchild already received a principal residence through previous purchase or transfer not requiring a new appraisal.
  • $1,000,000 limit on purchases or transfers of real property not requiring new appraisals, includes purchases or transfers between grandparents and grandchild, as well as between parents and children.
”

Full Text

The full text of this measure is available here.


Fiscal impact

The California Legislative Analyst's Office provided the following estimate of net state and local government fiscal impact for Proposition 193:[1]

“ Property tax revenue losses to schools, counties, cities, and special districts of about $1 million annually. School revenue losses would be made up by the state General Fund.[2] ”


Support

Supporters

  • Assemblyman David Knowles (R)[1]
  • State Senator K. Maurice Johannessen (R)[1]
  • Assemblyman Bill Hoge (R)[1]

Official arguments

The official arguments in support of Proposition 193 can be found here.

Opposition

Opponents

Official arguments

The official arguments in opposition to Proposition 193 can be found here.

Path to the ballot

A simple majority vote was needed in each chamber of the California State Legislature to refer the measure to the ballot for voter consideration.

Proposition 193 was voted onto the ballot by the California State Legislature via Assembly Constitutional Amendment 17 (Statutes of 1994, Resolution Chapter 110).

Votes in legislature to refer to ballot
Chamber Ayes Noes
Assembly 59 18
Senate 31 1

See also

1996 Measures

California

News and analysis

External links

Footnotes

  1. ↑ 1.0 1.1 1.2 1.3 1.4 University of California, "Voter Guide," accessed May 11, 2021
  2. ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
Flag of California
v • e
State of California
Sacramento (capital)
Elections

What's on my ballot? | Elections in 2025 | How to vote | How to run for office | Ballot measures

Government

Who represents me? | U.S. President | U.S. Congress | Federal courts | State executives | State legislature | State and local courts | Counties | Cities | School districts | Public policy

Retrieved from "https://ballotpedia.org/wiki/index.php?title=California_Proposition_193,_Property_Appraisal_Exception_for_Grandparent-Grandchild_Property_Transfers_Amendment_(March_1996)&oldid=9011296"