Monthly Archives: June 2015

The Property Tax Fairness Amendment: Closing Unfair Commercial Property Tax Loopholes

On June 10, Senators Loni Hancock and Holly Mitchell, two of California’s most courageous and progressive leaders, joined the Make It Fair movement and introduced the Property Tax Fairness Amendment (SCA 5) – a constitutional amendment that will close corporate property tax loopholes created by Prop 13.   The amendment would: Generate an estimated $9 billion in new…