Assessor Chu Explains Prop 19 Changes to CA Tax- Saving Programs
ASSESSOR CARMEN CHU URGES VOTER PARTICIPATION
ON CA PROPERTY TAX MEASURES
Early Voting Already Started! Voter Registration Ends on October 19th
SAN FRANCISCO - The 2020 election is only three weeks away. Assessor Carmen Chu hosted a media roundtable to explain property tax related items on the California state ballot. She wants to make sure eligible voters and families in our communities are aware of these measures because they may have major impacts on family financial planning in the near future. Proposition 19, also commonly known as the “Realtor’s Measure”, proposes changes to two statewide property tax saving programs: the parent-child transfer exclusion and senior assessment transfer. They are the most inquired programs in our Office’s annual financial education event – the Family Wealth Forum. Assessor Chu, founder of the Family Wealth Forum, explained the proposed changes in detail in the video below:
Assessor Carmen Chu and her Office remain neutral on Proposition 15 and 19.